In Indonesia, economic nationalism is on the rise

 But uncertainty abounds. In Indonesia, economic nationalism is on the rise, implying a risk that economic policy will follow an inward-looking course. In India, the opposition Bharatiya Janata Party’s prime ministerial candidate, Narendra Modi, if elected, may or may not be able to implement at the national level the growth-oriented policies that he successfully implemented at the state level in Gujarat. Much will depend on whether he can shed his sectarian attitudes and become a truly inclusive leader. - in  jewishbusinessnews.com



Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

A Change in Government is likely in India and Indonesia

....
According to the positive narrative about emerging markets, industrialization, urbanization, per capita income growth, and the rise of a middle-class consumer society were supposed to boost long-term economic and sociopolitical stability. But in many countries recently wracked by political unrest -- Brazil, Chile, Turkey, India, Venezuela, Argentina, Russia, Ukraine, and Thailand -- it is the urban middle classes that have been manning the barricades. Likewise, urban students and the middle classes spearheaded the Arab Spring, before losing authority to Islamist forces.

This is not a complete surprise: in many countries, working classes and rural farmers have benefited from per capita income increases and a broadening social safety net, while the middle classes feel the pinch from rising inflation, poor public services, corruption, and intrusive government. And now the middle classes tend to be more vocal and better politically organized than in the past, in large part because social media allow them to mobilize faster.

Not all of the recent political unrest is unwelcome; a lot of it may lead to better governance and greater commitment to growth-oriented economic policies. Among the Fragile Five, a change in government is likely in India and Indonesia.  - in todayszaman


Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

India, Indonesia, Brazil, Turkey, South Africa, Hungary, Ukraine, Argentina, and Venezuela will remain fragile in 2014

Still, some emerging markets – namely, India, Indonesia, Brazil, Turkey, South Africa, Hungary, Ukraine, Argentina, and Venezuela – will remain fragile in 2014, owing to large external and fiscal deficits, slowing growth, below-target inflation, and election-related political tensions. Some of these countries – for example, Indonesia – have recently undertaken more policy adjustment and will be subject to lower risks, though their growth and asset markets remain vulnerable to policy and political uncertainties and potential external shocks. - in www.project-syndicate.org



Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

Nouriel Roubini: Outlook for Indonesian Economy in 2014 - November 11, 2013

New York University economist Nouriel Roubini gave a positive opinion on the Indonesian economy in 2014 , Roubini explained that there are 10 economic fundamentals that make give hope for Indonesia which will experience a better economy in 2014



Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

Economic Outlook Indonesia 2014 : 10 Steps to Accelerate Economic Growth By Nouriel Roubini

Roubini speech starts @ 01:03


10 Steps to Accelerating Economic Growth By Nouriel Roubini video, 10 Steps to Economic Growth Acceleration By Nouriel Roubini hd (member of Vibiz Media Network) Program: Vibiz Dialogue and Opinion by Vibiznews In this program, Nouriel Roubini serve the cause of slowing economic 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

Roubini : Indonesia could Grow faster than China and India

“Countries like India, Brazil, Turkey, South Africa and Ukraine [are also running deficits], but I would not put Indonesia in this group, even if Indonesia has some macro-financial fragility,” he said Saturday in his remarks delivered during the CEO Summit conference held as part of the APEC leaders meetings.“With the right economic reforms, the growth of Indonesia in the second half of this decade could even be higher than China and India,” Roubini predicted. - in The Jakarta Post

NOURIEL ROUBINI

Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

Outlook for Indonesia : Prospects are still pretty strong

Nouriel Roubini

Question: You’re known as Dr. Doom, the man who usually has a bearish forecast for the global economy. And yet, you have always had a positive outlook on Indonesia. What’s behind your faith in the Indonesian economy?

Nouriel Roubini : First of all, I don’t think I’m Dr. Doom. I’m Dr. Realist. I try to correctly understand what’s going on in the global economy. A few years ago, there was a global financial crisis, but now there is recovery. The emerging markets for the last few years have done overall much better than advanced economies.

And if I look at Indonesia, I would say that the medium-term prospects are still pretty strong in terms of actual and potential growth, being at least 6 percent if not higher. The existence of external deficit, slightly higher than target inflation, has led to some concerns and some financial pressures on the currency, the bond market and the equity market.

Roubini Keynote speaker @ Mandiri Investment Forum in Indonesia

Dr. Nouriel Roubini was a keynote speaker at the Mandiri Investment Forum in Jakarta on the 10th November . Global economic outlook and Indonesia

 Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

Indonesia instead of Russia should be a BRICs Member

Nouriel Roubini :" As I wrote 2 years ago Indonesia deserves more than Russia to be a member of the BRICs. Stable democracy, strong growth, sound macro policy " - in twitter

Roubini spoke today @ the NYSE @ the Indonesia Investment Day

Nouriel Roubini :" I spoke today at the NYSE at the Indonesia Investment Day. The country's growth is accelerating while that of BRICs & other EM is slowing " - in twitter

Roubini: Goodbye China, hello Indonesia

In an article on the Financial Times dated October 25, 2011 entitled " Goodbye China, hello Indonesia " Professor Nouriel Roubini was very bullish about the Indonesian economy which has low inflation, low debt, young demographics and accelerating growth unlike China which heading for a hard landing , Finally Fitch Ratings has upgraded Indonesia’s long-term, foreign and local, currency issuer default ratings to investment grade (to ‘BBB-’ from ‘BB+’) a move that has Nouriel Roubini’s blessing as he wrote himself in a twitter message "Indeed Indonesia deserves that investment grade rating @ChrisAdamsMKTS: In a move that will get @nouriel blessing " he wrote .....