Nouriel Roubini

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Nouriel Roubini is CEO of Roubini Macro Associates, LLC, a global macroeconomic consultancy firm in New York.  He is also Chief Economist for Atlas Capital Team LP, as well as Co-Founder of Rosa & Roubini Associates. At a 2006 address to the International Monetary Fund, Roubini warned of the impending recession due to the credit and housing market bubble. His predictions of these upside-down balance sheets became a reality in 2008, with the bubble bursting and reverberating around the world into a global financial crisis lasting well into the next decade.

Dr. Roubini has extensive policy experience as well as broad academic credentials. He is Professor Emeritus (2021-present), Professor of Economics (1995-2021), Stern School of Business, New York University. He was Co- Founder and Chairman of Roubini Global Economics from 2005 to 2016 – a firm whose website was named one of the best economics web resources by BusinessWeek, Forbes, the Wall Street Journal and the Economist. From 1998 to 2000, he served as the senior economist for international affairs on the White House Council of Economic Advisors and then the senior advisor to the undersecretary for international affairs at the U.S. Treasury Department, helping to resolve the Asian and global financial crises, among other issues. The International Monetary Fund, the World Bank and numerous other prominent public and private institutions have drawn upon his consulting expertise.

He has published numerous theoretical, empirical and policy papers on international macroeconomic issues and coauthored the books “Political Cycles: Theory and Evidence†(MIT Press, 1997) and “Bailouts or Bail-ins? Responding to Financial Crises in Emerging Markets†(Institute for International Economics, 2004) and “Crisis Economics: A Crash Course in the Future of Finance†(Penguin Press, 2010). His new book (forthcoming in October 2022) is “Megathreats: Ten Dangerous Trends That Imperil Our Future And How To Survive Them†(Little Brown). Dr. Roubini’s views on global economic issues are widely cited by the media, and he is a frequent commentator on various business news programs. He has been the subject of extended profiles in the New York Times Magazine, The Financial Times, among other leading current-affairs publications.  He is published monthly as a columnist with Project Syndicate. He also hosted where is perspectives can be found and co-runs the site, an economic indicator research service.

Dr. Roubini received an undergraduate degree at Bocconi University in Milan, Italy, and a doctorate in economics at Harvard University. Prior to joining Stern, he was on the faculty of Yale University’s department of economics.


December 2022

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More War Means More Inflation by Nouriel Roubini | Dec 30, 2023 | 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 will be stagflationary, and the only question is how bad it will be.

January 2023

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Sleepwalking on Megathreat Mountain 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 actually do anything about it remains to be seen.

February 2023

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India at a Crossroads 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 if it wants to sustain India’s global rise

March 2023

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The Coming Doom Loop 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 only solution is a severe recession – and thus a broader debt crisis.

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Anatomy of a Financial Meltdown by Nouriel Roubini | Mar 13, 2023 | Project Syndicate

In this February 2008 commentary, I warned that the 2006-07 US housing bust would lead to a severe US and global recession and a global financial crisis. Fifteen years later, we may once again be on the verge of a twin economic and financial crisis – only this time the outcome could be even worse. After all, private and public debt-to-GDP ratios are much higher today, and the past few years have laid bare the costs and limitations of unconventional monetary, fiscal, and credit policies.

May 2023

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America and China Are on a Collision Course by Nouriel Roubini | May 30, 2023 | Project Syndicate

The G7 countries may have set out to deter China without escalating the new cold war, but the perception in Beijing suggests that they failed to thread the needle at their recent summit in Hiroshima. It is now clear to all that the United States, its allies, and any partners they can recruit are committed to containing China’s rise.

No Respite from the Slow-Motion US-China Collision by Nouriel Roubini | May 3, 2023 | Project Syndicate

Despite US efforts to de-escalate tensions with China and Chinese officials’ wariness of economic decoupling, attempting to restore trust between the two powers seems futile. In this increasingly fraught climate, fragmentation trumps cooperation, and the danger of a military conflict over Taiwan looms large.

June 2023

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A Mild Global Contraction Is Coming by Nouriel Roubini | Jun 27, 2023 | Project Syndicate

While a severe hurricane for the global economy looks less likely than a few months ago, we are still likely to encounter a tropical storm that could cause significant damage. Much will depend on how major central banks confront the trilemma of simultaneously maintaining price, growth, and financial stability.

July 2023

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Israel’s Slippery Slope by Nouriel Roubini | Jul 31, 2023 | Project Syndicate

Israel’s right-wing government has raised alarms around the world with its plans to disempower the judiciary. But while most of the criticism has focused on the implications for Israeli democracy, the “reforms” pose an equally salient threat to Israel’s economy, labor market, national wealth, and security.

August 2023

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Preventing a US-China War by Nouriel Roubini | Aug 23, 2023 | Project Syndicate

China and America both need to pursue policies that will reduce economic and geopolitical tensions and foster healthy cooperation on global challenges. If they fail to achieve a new understanding on the issues driving their current confrontation, they will eventually collide – with disastrous consequences for the world.

September 2023

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What Climate Finance Needs by Nouriel Roubini and Reza Budy| Sep 20, 2023 | Project Syndicate

To prevent catastrophic climate change and accelerate the global transition to a net-zero economy, policymakers and asset owners urgently need to rethink how we channel capital at scale. The key is to develop new financial instruments that are profitable, liquid, and easily accessible to savers and investors globally.

November 2023

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Our Megathreatened Age by Nouriel Roubini | Nov 24, 2023 | Project Syndicate

It is now common knowledge that economic, monetary, and financial threats are rising and interacting in dangerous ways with various other social, political, geopolitical, environmental, health, and technological developments. And there is little reason to believe that today’s leaders can manage these multiplying risks.

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The Economic Consequences of the Gaza War by Nouriel Roubini | Nov 10, 2023 | Project Syndicate

With Israel embarked on a military campaign to eliminate Hamas from Gaza, it remains to be seen whether the conflict will escalate into a broader regional war. If it does, the global economic fallout could include a 1970s-style oil shock, crashing stock markets, and deep stagflationary recessions.