What did the economist who predicted 2008 recession say on India? | Nouriel Roubini- Watch Video

In the coming times, India will leave behind many big countries in terms of economy. Professor Nouriel Roubini of New York University's Stern School of Business and well-known economist has made a prediction about India. He has said that in the coming times, India will achieve a growth rate of 7 percent or even faster. India's economy will grow much faster than China's. Let us tell you that Nouriel Roubini had accurately predicted the economic crisis in the year 2008. After this recession, the stock markets around the world crashed. There were massive job losses in companies. After this, Nouriel Roubini was recognized as "Dr. Doom".

India's Economy will Flourish in Coming Times 

According to Nouriel Roubini, India is a big country. Most of the population of India is youth. The youth here with good education and skills can lead India towards a strong development. There has been a very rapid economic growth in India in the recent past. It can also be felt. Now the pace of development is going to pick up. India's per capita growth is only a quarter of that of China. With the right policy, growth could potentially be above 7 per cent. Because of this, India is going to become a very strong economic power in the coming times.