In a startling inversion of the normal pattern, developing country reserves increased in 2020 crisis rather than draining. Why? 1. Borrowing 2. Sudden collapse in imports -> “improvement” in trade balance. Powerful results from @eurodad
d3n8a8pro7vhmx.cloudfront.net/eurodad/pages/… https://t.co/4Tq2CIwSmi
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,…