Facing a liquidity tsunami? Profit, risk, and discipline in emerging markets
Ilias Alami | February 13, 2020
In April 2012, at the White House on her first visit to the United States since her election in 2010, Brazilian president Dilma Rousseff scolded advanced capitalist economies for unleashing a ‘tsunami de liquidez’,a ‘liquidity tsunami’, onto the developing world. The expression liquidity [...]
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