NOURIEL ROUBINI BLOG tracks the media appearances of Dr Nouriel Roubini his interviews articles debates books news speeches conferences blogs etc..Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Monday, September 17, 2012
Brazil, India, Russia Slowing Down too
Nouriel Roubini :....Meanwhile, Brazil, India, Russia, and other emerging economies are
playing the same game. Many have not adjusted as advanced economies’
weakness reduces the room for export-led growth; and many delayed
structural reforms needed to boost private sector development and
productivity growth, while embracing a model of state capitalism that
will soon reveal its limits. So the recent slowdown of growth in
emerging markets is not just cyclical, owing to weak growth or outright
recession in advanced economies; it is also structural. - excerpt from project syndicate