Since 1990s crises EM sovereigns have borrowed as far as possible in local currency -> transfers exchange rate risk to lenders, who have taken a hit in 2020. One for @HyunSongShin
@blackrock via @SoberLook https://t.co/WMt9jA2Xqb
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,…