Faculty News

In an op-ed, Professor Nouriel Roubini outlines the global economic impact of political instability in the Middle East

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Excerpt from Project Syndicate -- "First, some of these conflicts may yet lead to an actual supply disruption, as in 1973, 1979, and 1990. Second, civil wars that turn millions of people into refugees will destabilize Europe economically and socially, which is bound to hit the global economy hard. And the economies and societies of frontline states like Lebanon, Jordan, and Turkey, already under severe stress from absorbing millions of such refugees, face even greater risks."

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Additional coverage appeared on MarketWatch.