Developing countries will struggle to raise funds to deal with the crisis, while bearing the brunt of capital flight, say Pierre-Olivier Gourinchas and Chang-Tai Hsieh.
Commentary: COVID-19 presents a ticking default time bomb
Developing countries will struggle to raise funds to deal with the crisis, while bearing the brunt of capital flight, say Pierre-Olivier Gourinchas and Chang-Tai Hsieh.