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Commenting article: Nouriel Roubini Warns High Growth Crucial for Bulgaria

Bulgaria's mediocre growth is far from sufficient and may trigger new problems, such as an increase in non-performing loans, Nouriel Roubini, the economist dubbed "Dr Doom", warned in Sofia.

At a forum in Sofia on February 26, Roubini, who runs a New York-based consultancy, delivered a speech entitled "Growth opportunities for a small economy in the global world".

That was the first ever visit to Bulgaria by the economist dubbed "Dr Doom" for predicting the 2008 global crisis.

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#1
Ivanko - 27 Feb 2013 // 15:12:39

He is just saying, 'Djankov, you failed' ....

#2
George Zheliazkov - 27 Feb 2013 // 18:39:33

“According to him, this new model can be found in investments in the private sector, structural reforms through "productive" investments, including public-private partnerships.”
Yeah and diversifying the investors sources is a major actuality in the today’s global markets and emerging economies.
As you can see from the links below the rest of the EU is “learning” the new reality and already profiting from it……
http://europe.chinadaily.com.cn/business/2013-02/26/content_16258863.htm
http://europe.chinadaily.com.cn/europe/2013-02/26/content_16256586.htm
Focus on and attract investors from Asia, China, South Korea, Japan, Russia etc.

#3
Ivanko - 27 Feb 2013 // 18:56:50

"including public-private partnerships"

Bulgaria should also form companies/ngos/... that invest their money in BG economy, where Bulgarians get a nice % for their savings.

Try to build your country with your own money, use the money on bank deposits.

Don't depend on others, build yourself, show your strength.

Invest, invest, invest.

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