Monday, March 24, 2014

Roubini on upside of political unrest

Nouriel Roubini quote on why political unrest is not all bad news.

"A lot of it may lead to better governance and greater commitment to growth-oriented economic policies. In most cases, there is reason to hope that electoral change and political upheaval will give rise to moderate governments whose commitment to market-oriented policies will steadily move their economies in the right direction."