Here is a dangerous cocktail: a) chronic dependency on either foreign aid, inbound remittances or resource rents (or all of the above) and b) a dangerously overvalued exchange rate that is (in most cases) artificially pegged to the all-mighty, yet inflated US dollar. One of the not-so-obvious consequences of this toxic brew is an accelerationContinue reading “Aid, Rents, Remittances and Pegs – A Toxic Brew”
Neglected, misunderstood and overlooked emerging and frontier markets
Jadara Blog 