@DanielaGabor As far as I can figure it, the borrowing countries are desperate to preserve market access and view push to enroll private bondholders as driven by political concerns of AE rather than needs of borrowers.
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,…