Faculty News

In an op-ed, Prof. Nouriel Roubini warns that China's economic power brings political risks

Excerpt from Project Syndicate -- "The disputes between China and several of its neighbors over disputed islands and maritime claims (starting with the conflict with Japan) are just the tip of the iceberg. As China becomes an even greater economic power, it will become increasingly dependent on shipping routes for its imports of energy, other inputs, and goods. This implies the need to develop a blue-water navy to ensure that China’s economy cannot be strangled by a maritime blockade."

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Additional coverage appeared on CNBC and Livemint.