by Nouriel Roubini | Nov 24, 2021 | Project Syndicate
By Nouriel Roubini, Brunello Rosa With its poor track record of managing EU funds, Italy’s recovery plan will be a major test for the future of EU policymaking more generally. While it is widely agreed that Prime Minister Mario Draghi must remain on the scene to...
by Nouriel Roubini | Nov 2, 2021 | Project Syndicate
NOURIEL ROUBINI, COLIN COLEMAN Locked in a low-growth trap, South Africa’s fiscal and macroeconomic situation is unsustainable, not only economically but also politically. To salvage the country’s democratic project, the government must offer a...
by Nouriel Roubini | Sep 21, 2021 | Project Syndicate
Given today’s high debt ratios, supply-side risks, and ultra-loose monetary and fiscal policies, the rosy scenario that is currently priced into financial markets may turn out to be a pipe dream. Over the medium term, a variety of persistent negative supply shocks...
by Nouriel Roubini | Aug 30, 2021 | Project Syndicate
There is a growing consensus that the US economy’s inflationary pressures and growth challenges are attributable largely to temporary supply bottlenecks that will be alleviated in due course. But there are plenty of reasons to think the optimists will be disappointed....
by Nouriel Roubini | Aug 3, 2021 | Project Syndicate
Within the space of just half a year, US President Joe Biden has completed a necessary economic-policy regime shift that started chaotically under his predecessor. But while the Biden administration has a much better handle on the issues, that doesn’t mean the...
by Nouriel Roubini | Jun 30, 2021 | Project Syndicate
Years of ultra-loose fiscal and monetary policies have put the global economy on track for a slow-motion train wreck in the coming years. When the crash comes, the stagflation of the 1970s will be combined with the spiraling debt crises of the post-2008 era, leaving...
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