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3min chapter
Barry Eichengreen on Fixing the Debt Problem, Dollar Demise and Tech Impacts
Macro Hive Conversations With Bilal Hafeez
Currency Debate in Emerging Markets: Dominance of Dollar Denominated Debt
This chapter explores the currency debate in emerging markets, focusing on the transition from issuing debt in dollars to issuing debt in local currency. It highlights the challenges faced by smaller and less developed economies in adopting local currency debt and discusses the potential risks associated with exchange rate movements.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode