Executive Summary There is a widely held perception that emerging market (EM) debt growth was spread broadly across markets. The truth is that the growth in the past decade has been focused almost entirely in China. EM economies have low levels of fragility today, thanks to healthy current accounts, low external borrowings, and reasonable fiscal […]
source https://thebtrader.com/2019/11/08/dispelling-myths-about-emerging-market-debt-growth/?utm_source=rss&utm_medium=rss&utm_campaign=dispelling-myths-about-emerging-market-debt-growth
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