
Hannah Grupp
@hannahgrupp
@UNIDO 🇺🇳 formerly @WorldBankAfrica 🌍 @SAISHopkins alum
ID: 785292146827927552
10-10-2016 01:33:32
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Bloomberg: "A record 54 countries are spending more than 10% of their revenues on interest payments, according to the United Nations. Some, including Pakistan and Nigeria, are using more than 30% of revenue just to pay coupons." bloomberg.com/news/articles/… via Bloomberg Markets



Germany now has the right fiscal policy to stoke domestic demand and offset lost export markets to the second China shock - as Brad Setser and I argued. But to stop China deindustrialising Germany this will need to be flanked by industrial and trade policy. 1/





