"China’s dollar debts rose to 20% of exports by end-2019 (6% at end-2008). South East Asia (70%, up from 24%) and higher still in Latin America (106%, up from 70%).” -> creates vulnerability to exchange rate and dollar funding shocks.
voxeu.org/article/global… https://t.co/IW5bZQfydD
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,…