The acute EM/frontier funding squeeze of March/April has eased. But cost of funding remains c. twice what it was at start of year and spread to EM IG has roughly doubled too -> huge stress on those with major refinancing needs. @IMFNews GFSR
imf.org/en/Publication… https://t.co/Qvbz7C3nzR
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…