Nouriel Roubini, a professor at NYU’s Stern School of Business and Chairman of Roubini Macro Associates, was Senior Economist for International Affairs in the White House's Council of Economic Advisers during the Clinton Administration. He has worked for the International Monetary Fund, the US Federal Reserve, and the World Bank.
Since the global financial crisis of 2008, monetary policy has borne much of the burden of sustaining aggregate demand, boosting growth, and preventing deflation in developed economies. Eight years la… read more
The market reaction to the Brexit shock has been relatively mild, because it was regional rather than global, with the impact concentrated in the UK and Europe. But the risk of European and global vol… read more
The UK’s narrow vote to leave the EU is the proverbial canary in the coalmine, signaling a broad populist/nationalist backlash – at least in advanced economies – against globalization. But growing ant… read more
According to the view prevailing in Silicon Valley and other global technology hubs, we are entering a new golden era of innovation, one that will radically increase productivity growth and improve t… read more
The IMF and others have recently revised downward their forecasts for the global economy – yet again. Little wonder: The world economy has few bright spots, with both actual and potential output growt… read more
With most advanced economies experiencing anemic recoveries from the 2008 financial crisis, their central banks have been forced to move from conventional monetary policy – reducing policy rates via o… read more
Two dismal months for financial markets may give way to a relief rally for global equities, as some key central banks ease policy more, while others will remain on hold for longer. But repeated erupti… read more
Since the beginning of the year, the world economy has faced a new bout of severe financial market volatility, marked by sharply falling prices for equities and other risky assets. A variety of factor… read more
At the cusp of the new year, we face a world in which geopolitical and geo-economic risks – in the Middle East, Africa, and Asia – are multiplying. Yet it is Europe that may turn out to be the ground … read more
