by Nouriel Roubini | Mar 30, 2023 | Project Syndicate
In the face of high and persistent inflation, recession risks, and now a looming insolvency crisis in the financial sector, central banks like the US Federal Reserve are facing a trilemma. Unable to fight inflation and provide liquidity support simultaneously, the...
by Nouriel Roubini | Feb 21, 2023 | Project Syndicate
Sound policymaking has helped India modernize and achieve robust economic growth, positioning it to become an increasingly important player on the world stage. But recent developments – and scandals – show that the government must address some major issues...
by Nouriel Roubini | Jan 18, 2023 | Project Syndicate
Whatever one’s favored terminology for describing the current moment, there is widespread agreement that we are facing unprecedented, unusual, and unexpected levels of uncertainty, auguring a future of crisis, instability, and conflict. But whether we will...
by Nouriel Roubini | Dec 30, 2022 | Project Syndicate
Advanced economies and emerging markets are increasingly engaged in necessary “wars” – some real, some metaphorical – that will lead to even larger fiscal deficits, more debt monetization, and higher inflation on a persistent basis. The future...
by Nouriel Roubini | Dec 2, 2022 | Project Syndicate
After years of ultra-loose fiscal, monetary, and credit policies and the onset of major negative supply shocks, stagflationary pressures are now putting the squeeze on a massive mountain of public- and private-sector debt. The mother of all economic crises looms, and...
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