emerging markets [da4d4c2b]

Tags: finance

• Emerging markets own around $8.4 trillion @ May 2020, or ~30% of the developing world's gross domestic debt

• In response to covid, G20 countries have backed a debit waiver to mostly world's developing countries

  • paris club and institute of international finance are also considering

  • brady plan similarities are being drawn up

    • Emerging markets have heterogenous debt, making this plan more difficult
  • www.cfr.org/article/how-can-low-income-countries-cope-coronavirus-debt
• Trade association for free markets - www.emta.org