In 2020 EM central banks have done QE to supplement rate cuts, provide fiscal support and help stabilize bond markets. It has worked. Rates are lower and there has been little depreciation. But it depends on “credibility. Turkey is another story …
economist.com/finance-and-ec… https://t.co/pvOLt8w2oP
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…