Tag Archives: Nouriel Roubini

If the Democrats were to win the White House and both houses of Congress, they could implement fiscal policies with a simple majority COMMENT | NOURIEL ROUBINI | With polls suggesting that Kamala Harris has at least a 50% chance of winning next month’s US presidential election, questions about her …

China will indeed find itself in the middle-income trap if its economic growth rate drops to only 3% COMMENT | NOURIEL ROUBINI | At this year’s China Development Forum (the highest-level annual meeting between senior Chinese policymakers and top CEOs, current and former policymakers, and academics like me), the discussion focused …

AI might someday overcome human stupidity but to get the chance, we first mustn’t destroy ourselves COMMENT | NOURIEL ROUBINI | Since returning from this year’s World Economic Forum meeting in Davos, I have been asked repeatedly for my biggest takeaways. Among the most widely discussed issues this year was artificial …

Many stagflationary megathreats over the medium-term horizon could push growth lower and inflation higher COMMENT | NOURIEL ROUBINI | Around this time a year ago, about 85% of economists and market analysts  including me  expected that the U.S. and global economy would suffer a recession. Falling but still-sticky inflation suggested that …

COMMENT | NOURIEL ROUBINI | My current visit to Israel has coincided with a period of unprecedented political turmoil. A radical right-wing government’s package of legislation to disempower the judiciary has started to be adopted, leading many to worry that this great country’s robust liberal democracy is being eroded. Since Israel …

While a severe credit crunch has been avoided, a short and shallow recession has become likely COMMENT | NOURIEL ROUBINI | There are currently four scenarios for the global economic outlook. Three of these entail potentially serious risks with far-reaching implications for markets. The most positive is a “soft landing,” where …

Why that will lead to larger fiscal deficits, more debt monetisation, and higher inflation in future COMMENT | Nouriel Roubini | Inflation rose sharply throughout 2022 across both advanced economies and emerging markets. Structural trends suggest that the problem will be secular, rather than transitory. Specifically, many countries are now engaged in …

How current intellectual and cultural climate forebodes the madness in the great interwar novel, The Magic Mountain COMMENT | Nouriel Roubini | A host of interconnected “megathreats” is imperiling our future. While some of these have been long in the making, others are new. The stubbornly low inflation of the pre-pandemic period …

Professor Emeritus of Economics at New York University, Nouriel Roubini speaks to Project Syndicate (PS) on that and more.  Project Syndicate: In your latest PS commentary, you reaffirmed your expectation that monetary authorities’ efforts to rein in inflation will “cause both an economic and a financial crash,” and that “regardless …

Distress in markets shows central banks efforts to lower inflation will cause economic and financial crash COMMENT | NOURIEL ROUBINI | For a year now, I have argued that the increase in inflation would be persistent, that its causes include not only bad policies but also negative supply shocks, and …