Copying Rich World’s Virus Plan Is Big Risk for Emerging Markets

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Copying Rich World’s Virus Plan Is Big Risk for Emerging Markets

View photos (Bloomberg) To fight the coronavirus, developing economies Colombia to Indonesia are turning to a playbook that’s become familiar in the rich world since 2008: central banks are buying government debt. Since February, some 13 emerging-market central banks have started snapping up bonds or said they are considering doing so, acco […]

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View photos (Bloomberg) To fight the coronavirus, developing economies Colombia to Indonesia are turning to a playbook that’s become familiar in the rich world since 2008: central banks are buying government debt. Since February, some 13 emerging-market central banks have started snapping up bonds or said they are considering doing so, acco […]

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