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 …
Read More »The stagflationary debt crisis is here
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 …
Read More »The gathering stagflationary storm
Impact of negative aggregate supply shocks that have curtailed production and increased costs COMMENT | NOURIEL ROUBINI | The new reality with which many advanced economies and emerging markets must reckon is higher inflation and slowing economic growth. And a big reason for the current bout of stagflation is a …
Read More »Russia’s war and the global economy
The risk is that markets and political analysts will underestimate the implications of this regime shift COMMENT | NOURIEL ROUBINI | Now that Russian President Vladimir Putin has launched a full-scale invasion of Ukraine, we must consider the economic and financial consequences of this massive historic development. The Ukraine war …
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