emerging markets

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
- https://www.cfr.org/article/how-can-low-income-countries-cope-coronavirus-debt
Trade association for free markets - https://www.emta.org