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
Thursday, February 20, 2014
Roubini: Renzi the right man to reform Italy, but it needs a strong government
Source Il Sole 24 Ore http://mobile.ilsole24ore.com/sole24orem/post/99?url=ABMkwZx
The time to act quickly and talk less because Italy very fragile , and Matteo Renzi just the man to do this. a strong leader has vision , ability , charisma and leadership to create the political conditions to implement the necessary reforms. so that Nouriel Roubini , renowned economist , a professor at New York University, the chairman of the board in charge of the weight of a "game changer ." In an exclusive interview with Il Sole 24 Ore, Roubini , in Rome for a conference on the future of the eurozone , defines Renzi young, dynamic , energetic, with good ideas, centrist , which can succeed in creating a coalition able to make changes radicals necessary for Italy . Despite the qualities that recognizes Renzi Roubini , the economist , known around the world under the name of " Mr. Doctor Doom" , also believes that for one person alone is not enough to do all the work on the reforms needed cohesion in the coalition , and serves a strong government .
For Roubini there ' a huge gap between the center-right and center-left on the necessary reforms to Italy. The long list . And to the question where to start Roubini has clear ideas : Italy needs to change the electoral system as the first institutional reform , but what about the economy , Italy should definitely increase the growth potential and productivity . To do this we must begin by reducing the tax wedge . Roubini for every euro saved by the spending review should go to reducing the tax wedge . In addition, the labor market has become more flexible. Roubini believes that Italy has made significant progress on the rigor of public accounts keeping the deficit below 3 %, but the public debt at 130% of GDP could rise even if c ' sufficient growth .
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics