To sustain borrowing you need growth so that g>r, but you also need fiscal capacity to ensure your ability to service debt. In much of Africa, building fiscal capacity is, therefore, an essential priority. Chartbook Newsletter #181
adamtooze.substack.com/p/finance-and-… https://t.co/grg2MeGvFt
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,…