About 90% of cross-border debt for low and lower-middle income countries, nearly $2tn, is denominated in hard currencies -> exposes fragile borrowers to large currency risks. We need a global currency hedging fund. Or @IMFNews ?
This by @SonyKapoor is good
ft.com/content/2b570c… https://t.co/E2LdA4KnFG
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,…