A clutch of large EM went into the 2020 crisis with budget deficits which were large already in 2019 making them vulnerable to funding pressure.
ft.com/content/31ac88… https://t.co/oHpI4npW0F
RT @RobinBrooksIIF: Core inflation is a good fact-check for consensus output gaps. IMF (lhs) & European Commission (rhs) understated slack…
RT @RobinBrooksIIF: Core inflation is a good fact-check for consensus output gaps. IMF (lhs) & European Commission (rhs) understated slack…