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A 🧵comparing Ghana, Sri Lanka and Pakistan, and what it teaches us about dealing with crises ...
Ghana and Sri Lanka formally defaulted during the last two years, Pakistan did not
but currency devalued by 1/2 for both Pakistan and Ghana, and 1/3rd for Sri Lanka
Ghana and Sri Lanka formally defaulted during the last two years, Pakistan did not
but currency devalued by 1/2 for both Pakistan and Ghana, and 1/3rd for Sri Lanka
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Brad Setser @Brad_Setser
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May 24, 2023
Superb thread from @AtifRMian --