vlog Affiliated Authors
Minos A. Zombanakis Professor of the International Financial System
Excerpt
Excerpt
Suspend Emerging and Developing Economies’ Debt Payments. Carmen Reinhart, Kenneth Rogoff, April 13, 2020, Opinion, "Leaders of the world’s largest economies must recognize that a return to “normal” in our globalized world is not possible so long as the pandemic continues its grim march. It is myopic for creditors, official and private, to expect debt repayments from countries where those resources would have to be diverted from combating COVID-19."