According to IMF’s new global bank stress-testing model, in an adverse scenario in absence of bank specific mitigation, 14 % of global banks and close to 40% in EM fall below minimum capital adequacy ratios by 2022.
imf.org/en/Publication… https://t.co/SUUNwhrY0s
@berggruenInst @ForeignPolicy Seems like a very odd way to describe that essay! @nils_gilman
January 21, 2021
@berggruenInst @ForeignPolicy Seems like a very odd way to describe that essay! @nils_gilman