Faculty News

Prof. Nouriel Roubini explains why he believes India might outpace China in economic growth

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Excerpt from Bloomberg -- "In the next decade, it could be the first time in 30 years that India is growing faster than China because China... has a movement from capital-intensive to labor-intensive growth. So growth in China could go towards 5% in the next few years, while India, with the right reform, could go towards 7%. So for the first time ever, the tortoise becomes the hare and the hare becomes the tortoise."

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Additional coverage appeared on Bloomberg Businessweek.