Nouriel Roubini - The Japan Times

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Nouriel Roubini

For Nouriel Roubini's latest contributions to The Japan Times, see below:

Japan Times

COMMENTARY / World / Beyond COVID-19

Jan 4, 2021

2020 just the start of a testing decade

The gap between Wall Street and Main Street has widened, reflecting a K-shaped recovery in the real economy. The pandemic is thus sowing the seeds for more social unrest in 2021.

COMMENTARY / World

Apr 16, 2009

Don't believe rumors that recovery is coming

NEW YORK — Mild signs that the rate of economic contraction is slowing in the United States, China and other parts of the world have led many economists to forecast that positive growth will return to the U.S in the second half of the year, and that a similar recovery will occur in other advanced economies. The emerging consensus among economists is that growth next year will be close to the trend rate of 2.5 percent.

COMMENTARY / World

Feb 18, 2009

Nationalize insolvent banks

NEW YORK — A year ago, I predicted that the losses of U.S. financial institutions would reach at least $1 trillion and possibly go as high as $2 trillion. At that time, the consensus among economists and policymakers was that these estimates were exaggerated, because it was believed that subprime mortgage losses totaled only about $200 billion.

COMMENTARY / World

Aug 18, 2008

Heading for global recession

The probability is growing that the global economy — not just the United States — will experience a serious recession. Recent developments suggest that all Group of Seven economies are already in recession or are close to tipping into one. Other advanced economies or emerging markets (the rest of the euro zone; New Zealand, Iceland, Estonia, Latvia and some Southeast European economies) are also nearing a recessionary hard landing.

COMMENTARY / World

Apr 19, 2008

What shape is America's recession?

NEW YORK — Now that it is clear that the United States is in recession, the debate has moved on to whether it will be short and shallow or long and deep — a question that is as important for the rest of the world as it is for the U.S.

COMMENTARY / World

Dec 25, 2007

Global economy due for hard landing

NEW YORK — In recent weeks, the global liquidity and credit crunch that started last August has become more severe. This is easy to show: In the United States, the euro zone and Britain, spreads between LIBOR interest rates (at which banks lend to each other) and central bank interest rates — as well as government bonds — are extremely high, and have grown since the crisis began. This signals risk aversion and mistrust of counterparties.

From easily navigable train stations to the helpfulness of its municipal staff, Tokyo has earned high praise for its commitment to accessibility for disabled travelers.

[Rebroadcast] Japan is doing better on accessibility than you may think

Historically, kabuki was considered the entertainment of the merchant and peasant classes, a far cry from how it is regarded today.

For Japan's oldest kabuki theater, the show must go on

By Lance Henderstein

SUSTAINABLE JAPAN

Prize winner Maki Imoto catches light with glass

Prize winner Maki Imoto catches light with glass

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