In 2015 Italy is expected to return to growth on an annual basis after three consecutive years of contraction, and after having lost more than 9% of GDP in real terms since 2007, one year before the beginning of the global financial crisis. This is certainly a welcome development. At the same time, the major […]
RGE’s Kevin Harris has a nice preview of the July FOMC meeting: in brief, FOMC members are locked and loaded, ready for a September hike, though they will refrain from committing to a move and do their best not to cause an overreaction across the yield curve, where too few hikes are priced in relative to the […]
Bottom line: The UK’s Autumn Statement came out mostly in line with our expectations, with one positive surprise that is clearly appealing for large portions of the electorate: a reform of the stamp duty on home purchases. As the richer will pay more, and more funds will be devoted to NHS, this reform clearly resembles […]
Among the world’s financial hubs, the City of London is most in search of a new identity that would allow it to adapt to an evolving geopolitical scene. Global financial hubs tend to be the key financial center of the country, region or continent they are based in: New York is the most important financial […]
A Dialogue with the President of Italy’s Anti-Corruption Authority. Italy’s sluggish growth is at the center of the political debate, as well a key concern for international authorities, given its implications for public debt sustainability. A number of factors can explain Italy’s low growth potential. Most of them refer to the obsolescence of large portions […]
Christian Menegatti, RGE’s Director of Research, appeared on Bloomberg Surveillance on May 20 with Eurasia Group Asia Director Nicholas Consonery to discuss the outlook for the U.S. economy, emerging markets, the equity market and Fed policy.
RGE economist William Oman recently appeared on an Irish radio program to discuss the precautionary credit line that may be put in place when the country exits its bailout program in December 2013. The interview can be heard on RTE’s website.
NEW YORK—18 September 2013—Roubini Global Economics (RGE), an independent, global macroeconomics and strategy research firm, highlights its out-of-consensus call that the U.S. Federal Reserve would not “taper” the pace of quantitative easing at its September policy meeting, an assessment confirmed by the Federal Open Market Committee (FOMC) in a statement today. RGE first expressed this […]
In the latest example of what we have dubbed “the most over-hyped theme in emerging markets,” the Carnegie Endowment’s Yukon Huang defends China’s imbalanced growth model as a natural consequence of rapid urbanization in an FT Alphavile guest post. He writes, “urbanization largely explains both the decline in labor’s share of income and the increase […]
William Oman, Economist for Western Europe and Finance & Banking at RGE, argues that a flawed narrative holds back more than just the euro crisis debate. What are the causes of the eurozone crisis? As basic as this question may be, European policymakers’ typical understanding of the causes of the crisis is incomplete at best. As […]