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Rachel Ziemba Rachel Ziemba

Rachel Ziemba is director of Central and Eastern Europe, Middle East and Africa (CEEMEA) and global macroeconomics at Roubini Global Economics. She has a particular interest in the macroeconomics of oil-exporting nations, including the management of oil wealth and energy-sector supply risks. She also does extensive work on global macroeconomic issues, particularly foreign-exchange reserve accumulation, sovereign-wealth management and economic imbalances. Prior to joining RGE, Rachel worked for the Canadian International Development Agency in Cairo, Egypt, and the International Development Research Centre in Ottawa, Canada. Rachel has served as an expert commentator for Bloomberg, CNBC, the Financial Times, the Wall Street Journal and other media outlets, and her research has been cited by the Economist and in papers from the IMF, World Bank, European Central Bank and U.S. Federal Reserve. She holds a bachelor’s degree from the University of Chicago with honors, and a Master of Philosophy degree in international relations with a specialization in international political economy from St. Antony’s College, Oxford University. She is the co-author of “Scenarios for Risk Management and Global Investment Strategies” (with William T. Ziemba), published by Wiley in January 2008.

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Recent Articles by Rachel Ziemba

Energy Weekly: U.S. Energy Policy After the Election

Gary Clark and Rachel Ziemba May 8, 2012

2012-16 Scenarios HeatMap: Deleveraging Sets the Pace?

Rachel Ziemba and the RGE Market Strategy Team April 27, 2012

Executive Summary: No Such Thing as Decoupling

Arnab Das and Rachel Ziemba January 26, 2012

The Here and Now: Risk-On vs. Return-Off…Capital

Arnab Das and Rachel Ziemba January 26, 2012

Fiscal Policy: Little Space for Stimulus But Manageable Refinancing

Rachel Ziemba, Ayah El Said, Juan Lorenzo Maldonado, Michael Manetta, Ayoti Mittra, Maya Senussi, Jelena Vukotic and Adam Wolfe January 26, 2012

Credit Growth: From a Gallop to a Trot

Rachel Ziemba, Ayah El Said, Juan Lorenzo Maldonado, Michael Manetta, Ayoti Mittra, Maya Senussi, Jelena Vukotic and Adam Wolfe January 26, 2012

Russia: Q1 2012

Tetiana Sears, Rachel Ziemba, Natalia Gurushina and Ibrahim Gassambe January 25, 2012

Volatility of South Korea’s Assets to Remain High Due to Political Noise in the North

Natalia Gurushina and Rachel Ziemba December 18, 2011

The Drive for New Oil: Unconventional Becomes Conventional

Gary Clark, Rachel Ziemba and Shelley Goldberg November 22, 2011

Emerging Market Crude Oil Demand Unlikely to Wane

Gary Clark, Shelley Goldberg and Rachel Ziemba November 16, 2011

Peak or Plateau Oil and Rising Extraction Costs: The Long-Term View

Gary Clark, Shelley Goldberg and Rachel Ziemba November 14, 2011

Turkey's Central Bank Pulls Out All the Stops to Restore Price Stability

Maya Senussi, Rachel Ziemba and Natalia Gurushina October 26, 2011

The Here and Now: Catching Up Is Hard to Do

Arnab Das, Rachel Ziemba and Christian Menegatti October 24, 2011

Emerging Europe and CIS: Greater Exposure, Less Policy Space

Jelena Vukotic and Rachel Ziemba October 24, 2011

MENA: Arab Spring Amplifies Vulnerabilities

Ayah El Said and Rachel Ziemba October 24, 2011

Sub-Saharan Africa: Sheltering From the Storm

Maya Senussi and Rachel Ziemba October 24, 2011

Emerging Europe & CIS: Still Recovering From Excesses

David Rogovic and Rachel Ziemba July 28, 2011

MENA: Government-Led Credit

Ayah El Said and Rachel Ziemba July 28, 2011

Sub-Saharan Africa: Crowded Out

Maya Senussi and Rachel Ziemba July 28, 2011

Emerging Markets: Watch the Credit Cycle

Christian Menegatti, Rachel Ziemba and the RGE Economic Research Team July 26, 2011

Bin Laden's Death: Big Win for U.S. Politics, Modest Win (at Best) for Asset Markets and Global Security

Rachel Ziemba and Arnab Das May 3, 2011

Sub-Saharan Africa: Food Pressures

Maya Senussi and Rachel Ziemba April 21, 2011

MENA: Bump From High Oil Prices Overshadowed

Ayah El Said and Rachel Ziemba April 21, 2011

Emerging Europe & CIS: Slippery When Wet

David Rogovic and Rachel Ziemba April 21, 2011

Crude Oil Price Scenario Analysis

Shelley Goldberg and Rachel Ziemba March 15, 2011

Egypt: 'Underweight' as Macro Outlook Remains Problematic

Natalia Gurushina, Ayah El Said and Rachel Ziemba February 14, 2011

China: Stimulus Bill Comes Due

Rachel Ziemba January 18, 2011

Egypt: Far From Policy Normalization on the Nile

Rachel Ziemba and Ayah El Said January 18, 2011

South Africa: Still Searching for Stimulus

Kavitha Cherian and Rachel Ziemba January 18, 2011

Middle East and North Africa: Relying on Fiscal Policy

Ayah El Said and Rachel Ziemba January 18, 2011

Emerging Europe and CIS: Overheating and Underheating

David Rogovic, Jelena Vukotic and Rachel Ziemba January 18, 2011

Africa: Accommodative Policy Brings Growth

Rachel Ziemba and Kavitha Cherian January 18, 2011

Crude Oil: Black Gold?

Shelley Goldberg, Rachel Ziemba and Gary Clark December 8, 2010

Coal's Bright and Dirty Future in the U.S.

Shelley Goldberg, Gary Clark and Rachel Ziemba December 1, 2010

Russia: Lackluster Recovery as Stimulus Breeds Inflation

Rachel Ziemba October 21, 2010

China: Foreign Inflows Contribute to Frothy Asset Markets

Rachel Ziemba October 21, 2010

Middle East and North Africa: Dominated by Economies on Cusp Between Frontier and Emerging Markets

Rachel Ziemba and Ayah El Said October 21, 2010

Sub-Saharan Africa: Still Struggling to Attract Capital

Rachel Ziemba and Kavitha Cherian October 21, 2010

Russia’s Impossible Trinity—Calling for Further RUB Strength

Natalia Gurushina, Rachel Ziemba and David Rogovic October 12, 2010

Is China Passing the Buck?

Arnab Das, Rachel Ziemba and Natalia Gurushina September 20, 2010

Q3 2010 Scenario Analysis: Macroeconomic Factors & Asset Class Investment Implications

Christian Menegatti, Rachel Ziemba, Arnab Das, Arun Motianey, Gina Sanchez, Natalia Gurushina and David Nowakowski August 2, 2010

All That Glitters Is Not Gold

Lee Hudson Teslik, Arnab Das and Rachel Ziemba July 11, 2010

'Yuan Upmanship': Interpreting China's FX Regime Change

Rachel Ziemba, Natalia Gurushina and Arnab Das June 19, 2010

Russia: Inflation on the Boil

Rachel Ziemba January 18, 2010