Category: Emerging Markets
Argentina: From Reform Success to New Crisis
Milei’s market reforms delivered Argentina’s first budget surplus in 15 years and dramatically reduced inflation, but dollar dependence has triggered a new crisis requiring controversial US bailout support.
On preemptive capital controls
The IMF recently published a policy paper allowing the preemptive use of capital flow management. What does the research show?
The coming debt wave
Orthodox and heterodox options available to emerging markets and developing economies to deal with high debt levels as the Fed starts tightening policy.
On the debt of emerging markets
Different initiatives were implemented to help emerging markets deal with their debt. Yet, credit rating agencies could derail this effort.