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International Reserve Management in Emerging Market Economies

International Reserve Management in Emerging Market Economies
nber.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nber.org Daily Mail and Mail on Sunday newspapers.

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After one hell of a year — 10 New Year's resolutions to stay on top of the world in 2021


After one hell of a year 10 New Year’s resolutions to stay on top of the world in 2021
MarketWatch
1/9/2021
Before 2020, Russell Jessop knew the wisdom in having emergency savings tucked away.
But the year’s financial mayhem supplied him and millions more with a harrowing master class on that point.
“It’s just unbelievable how fast things can change,” said the 23-year-old pipe welder working in North Dakota’s oil wells and natural gas facilities. From month to month, even week to week, “the landscape of your life can be world apart,” Jessop said.  
Federal Reserve Chairman Jerome Powell would agree; data from the country’s central bank showed 40% of the jobs under $40,000 that existed in February were gone by March in an economy buckling from the pandemic. ....

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