Abu Dhabi, UAEWednesday 17 July 2019

Business Extra: 'Dr Doom' Nouriel Roubini upbeat on global outlook

The NYU economist famous for predicting the financial crash says there are seven reasons why the world economy could improve this year

Professor Nouriel Roubini, co-founder of Roubini Global Economics, is upbeat about global economy. Bloomberg
Professor Nouriel Roubini, co-founder of Roubini Global Economics, is upbeat about global economy. Bloomberg

Nouriel Roubini is the professor of economics at NYU’s Stern School of Business. He is also chief executive of Roubini Macro Associates, and he became famous after his prediction of a financial crisis, several years before it happened, turned out to be correct. For this, he has sometimes been referred to as "Dr Doom" in the media. He is also a very outspoken critic of Bitcoin – which he has called the mother of all scams.

Host Mustafa Alrawi, The National's Assistant Editor in Chief, caught up with him at Mediaquest’s Top CEO forum in Bahrain and, at least in terms of the global economy, he wasn’t making any gloomy forecasts. Bitcoin not so much …

Also, Prof Roubini explains the link between rising intolerance of minorities and populism.

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Updated: April 18, 2019 04:43 PM

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