Is China Acting as a Lender of Last Resort?

Scientific Sense ® by Gill Eapen: Prof. Carmen Reinhart is Professor of the International Financial System at Harvard Kennedy School. From 2020-2022 she served as Chief Economist at The World Bank Group. She was also Policy Advisor and Deputy Director at the International Monetary Fund, a member of the Advisory Panel of the Federal Reserve Bank of New York, and Congressional Budget Office Panel of Economic Advisors.

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