Tuesday, February 25, 2014, 6:00 PM
Japan Society
333 East 47th Street, New York, NY 10017
As most advanced economies continue to be afflicted by high unemployment and low GDP growth, central banks have resorted to increasingly unconventional monetary policy to deal with these problems. However, some have warned about potential bubbles forming in advanced economies and emerging markets due to these policies. In Japan, Prime Minister Shinzo Abe has rolled out his new economic policies and structural reforms with the cooperation of the Bank of Japan, which have started to bring new life to the Japanese economy. In the U.S., the recent appointment of Janet Yellen as Chair of the Federal Reserve has raised questions as to whether she will continue the unconventional policies of her predecessor Ben Bernanke. Nouriel Roubini, Professor at NYU Stern School of Business and Chairman of Roubini Global Economics, discusses his outlook for the world economy, with special attention paid to the international impact of Abenomics and Federal Reserve policy.
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