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... Read more
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. His extensive global travels and meetings with financial influencers around the world has him wise to the latest developments and provides a perspective and awareness like no other.
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). 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 hosts Nouriel Today where is perspectives can be found and co-runs the site TheBoomBust.com, 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. It is no wonder that he was Recognized by Time as one of the top 100 scientists and thinkers who affect our world today.
Will the US experience a soft landing or a hard landing or no landing? Which Trump policies lead to higher growth and lower inflation and which are instead stagflationary (lower growth and higher inflation)? Will US policies help a global recovery or hamper it via protectionism and unsustainable deficits?
Radical protectionist or “escalate to de-escalate” (threatening tariff to extract concessions on matters that the US cares about? If the latter, will trade partner negotiate such concessions (and which ones) or start trade wars? Does Trump want a stronger dollar to maintain the global reserve currency status of the US...
Making the tax cuts expiring in 2025 together with other electoral promises would increase the public debt by about $8 trillion over the next decade and lead to fiscal deficit of over $2 trillion a year for the next decade. In that case bond market vigilantes could wake up and...
To resolve their current tensions, Canada, Mexico, and the United States should start drafting plans for a North American Economic Union. A single market in goods, services, capital, labor, technology, data, and information would benefit all three countries far more than any alternative arrangement.
The answer depends on the outlook for growth and inflation in the US and the behavior of long bond yields that are affected by fiscal deficits and debt. It also depends on how sustainable is the current AI boom: is it partly hyped and bound to disappoint and deflate or...
Stronger US growth could help a global recovery that has been weak in Europe, China and Asia. But tariffs and protectionism would be a deflationary shock on the rest of the world: they would reduce demand and lead to lower growth and inflation at a time when the rest of...
US trade policies will be increasingly protectionist but such trend toward de-globalization is spreading worldwide. Will US tariffs lead to trade wars or engagement in dialogue to diffuse trade tensions? What will be the migration policies of the US: radical deportation or a more rational reform of the migration system?...
What if the future of financial services. New Fin Tech firms are successfully disrupting traditional financial firms in payment systems, credit allocation, insurance, capital market activities and asset management. Digital assets such as cryptocurrencies aren’t really currencies even if they have been recently experienced asset appreciation. Will countries successfully introduce...
US and China are aggressively competing with each other in economic, trade, financial and geo-political spheres? Can competition and confrontation be contained and cooperation on provision of global public goods increased? Will the two countries de-risk or de-couple their relationship? What stresses will this rivalry impose on other friends and...
The recent slowdown of growth of China looks structural rather than cyclical. Thus, macro stimulus alone will not be sufficient to boost growth and avoid deflation? What is the risk of Japanification, a long period of secular stagnation? Will Xi care about growth sufficiently – compared to security – to...
The slow growth of the European Union and the Eurozone is driven by structural rather than cyclical factors. Europe needs more integration with a more complete and competitive single market; but the politics of member states resists such integration given the rise of populists and nationalist regimes. In the past...
We live in times of old and new economic, monetary and financial threats, including build ups of excessive private and public debts and the risk of stagflationary shocks and policies. But in addition to such economic threats, we face new threats that are social, political, geopolitical, environmental, health, demographic and...
What will be the economic impact of AI? A much higher productivity growth and welfare or a more modest impact? Will it lead to jobs complementary (i.e. new and more productive jobs of the future) or jobs replacement (i.e. permanent technological unemployment and increased inequality). In the latter case is...
Mitigation, adaptation or geo-engineering? Mitigation – i.e. getting to net zero – is currently not compatible with positive economic growth. Adaptation to climate change is too costly; and geo-engineering solutions are for now experimental and possible subjects to negative side effects. And how can cooperation on such policies be achieved...
There is currently a strong political backlash against liberal democracy and democratic capitalism. It is driven both by rising economic inequality and economic insecurity. Its political manifestation is the rise to power of populist regimes of the extreme right or left. A new growth model that is politically acceptable needs...