Emerging markets need fiscal stimulus too. The IMF must get more firepower

Nurbekyan, A., Minasyan, G. & Hayruni, T. (5 May 2020) Emerging markets need fiscal stimulus too. The IMF must get more firepower. LSE COVID-19 Blog.
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Countries are borrowing heavily to keep their economies going during the pandemic. But emerging markets like those in Eurasia are struggling to fund stimulus packages due to capital outflows and the drop in oil prices. Armen Nurbekyan, Gevorg Minasyan and Tatul Hayruni (Central Bank of Armenia) make the case for the international community to augment IMF resources.

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