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Exclusive Interview with Dr. Nouriel Roubini on Economic Megathreats

Economics Explained

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The Debt Crisis in Emerging Markets

Do you think we're going to enter a prolonged period where the growth that we saw in emerging markets like South Korea, Japan, Taiwan, even China is not going to be replicated? Well, probably we cannot generalize even within emerging markets or frontier economies. There are countries with better macro and structural policies; there are countries that are much more fragile. The good news is some of the larger and systemically important emerging markets are still okay for the time being,. but just okay.

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