# In an op-ed, Prof. Nouriel Roubini discusses political uncertainty in emerging markets

1 Faculty News February 28, 2014 ![Project Syndicate logo](/sites/default/files/styles/246w/public/assets/images/con_030500.jpg?itok=ONV7lJ6H)>

Excerpt from [Project Syndicate](http://www.project-syndicate.org/commentary/nouriel-roubini-looks-for-the-silver-lining-in-the-turmoil-currently-wracking-so-many-middle-income-economies) -- "According to the positive narrative about emerging markets, industrialization, urbanization, per capita income growth, and the rise of a middle-class consumer society were supposed to boost long-term economic and sociopolitical stability. But in many countries recently wracked by political unrest – Brazil, Chile, Turkey, India, Venezuela, Argentina, Russia, Ukraine, and Thailand – it is the urban middle classes that have been manning the barricades."

[Read more](http://www.project-syndicate.org/commentary/nouriel-roubini-looks-for-the-silver-lining-in-the-turmoil-currently-wracking-so-many-middle-income-economies)