Nouriel Roubini's Global EconoMonitor

Archive for February, 2011

  • Roubini and Bremmer – Al Jazeera and CNN Videos on the G-Zero World

    Al Jazeera, Riz Khan — The G-Zero World: Roubini and Bremmer argue that without clear leadership we may be facing another economic meltdown. (Click for Video [24:59])   ——————————– CNNMoney — Strategy Sessions: Roubini: Avoid a ‘Fiscal Train Wreck’ (Click for Video [5:05])

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  • Roubini and Bremmer on CNBC Squawk Box – G-Zero: No Summit Necessary

    CNBC Squawk Box — G-Zero: No Summit Necessary (Click for Video [7:07])


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  • Our G-Zero World

    From Project Syndicate:

    We live in a world where, in theory, global economic and political governance is in the hands of the G-20. In practice, however, there is no global leadership and severe disarray and disagreement among G-20 members about monetary and fiscal policy, exchange rates and global imbalances, climate change, trade, financial stability, the international monetary system, and energy, food and global security. Indeed, the major powers now see these issues as zero-sum games rather than positive-sum games. So ours is, in essence, a G-Zero world.

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  • Most Important Ideas in a Post-Crisis World: Roubini Ranked #4 by Economists

    From The Economist:

    The Contemporary Keynes: Which economist is doing most to shape post-crisis thinking?

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  • Bremmer and Roubini Explain Why a “G-Zero World” Means Conflict, Protectionism, and Trade Wars

    Pre-release from the March/April 2011 Issue of Foreign Affairs:

    Much of the talk at this year’s World Economic forum at Davos was about the “G-Zero”—which the New York Times has already called “this year’s buzziest buzzword.”  Ian Bremmer, president of Eurasia Group, and Nouriel Roubini, professor at New York University, previewed their lead article from the forthcoming issue of Foreign Affairs, “A G-Zero World”— a world in which “no single country or bloc of countries has the political and economic leverage—or the will—to drive a truly international agenda.”  In the past, the United States has been able to use its military and economic power to force global cooperation, but today it “lacks the resources to continue as the primary provider of global public goods,” write Bremmer and Roubini. And other powers, such as China, have “no interest in accepting the burdens that come with international leadership.” Such a vacuum will likely accelerate the rise of currency wars and increase the risk of another global economic meltdown, they warn.  

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  • Stagflationary Risks Rise from the Arab Street

    The upheaval in Tunisia and now Egypt has important economic and financial implications. About two-thirds of the world’s proven oil reserves and almost half of its gas reserves are in the Middle East; geopolitical risk in the region is thus a source of spikes in oil prices that have global consequences.

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