Roubini : The Prospect for Emerging Economies is still Positive
Nouriel Roubini : “The prospect for emerging economies is still positive, with 5 per cent growth averages compared with 1 [to] 2 per cent over [the] past few years in the rest of the world. There are demographic dividends with young workforces, and the rise of more affluent middle classes. All this adds up to a long-term trend that is putting these countries at the centre of growth in the global economies,”
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics