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In defence of regional development banks in the Covid-19 era

Valentin Lang, David Mihalyi, Andrea Presbitero The Covid-19 pandemic has propelled the issue of debt distress to the very forefront of the policy agenda. A series of debt defaults in developing countries occurred in 2020, and 2021 could see further defaults as an increasing number of poor and middle-income countries are running out of fiscal and monetary capacity while still confronting the health and economic challenges from the pandemic. These countries need more support to fight the health...
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Source: voxeu.org

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