Roubini think-tank sets base in Delhi

Roubini Global Economics (RGE), an independent economic research firm founded by eminent economist Nouriel Roubini, has set up an office here, with plans to expand operations in the coming years.

India is now the third largest registered office of the global think-tank, after New York and London. It will begin with 10 economists in the Delhi office and the number will go up to 20 next year.

“The growth of our company and client base has been extraordinary. With the new India office, we are able to cover fast-paced economic events in an even timelier manner,” says Dean Daniels, CEO. RGE will focus on global macroeconomics and strategy research in India. It would cater to asset managers, hedge funds, financial institutions, family offices, central banks and corporations.

 

“We track the issues affecting the global economy to present our clients with the best insight from RGE and other sources in a unique, easy-to-digest format,” added Daniel.

Its office in the Nehru Place business district will accommodate economic research and business development staff. While most of the economists come with an experience of less than two years, there will be some with more.

“RGE’s India office is fully integrated with RGE’s New York and London offices in providing a full level of economic research,” said Kunal Kumar Kundu, general manager and senior economist, RGE India.

Roubini is professor of economics at New York University’s Stern School of Business. He is known for having predicted both the collapse of the United States housing market and the global slowdown in 2008. RGE was founded in 2004, has a little over 100 staffers and is headquartered in New York. It boasts of a research process embodying non-traditional ways of thinking that transform complex global macroeconomic information into ahead-of-the-curve, actionable insight.

RGE says its approach is to explore potential outcomes and the logic behind each, by considering a range of probabilities and mapping those economic conclusions to financial implications.