Macro metrics to help hone a SSA investment strategy
Posted on February 21, 2012 at 21:18 PM EST
My latest contribution to Alterio’s weekly market review introduces two new metrics–the “original sin” calculation mentioned in my previous post which plays upon a theme explored by Barry Eichengreen, Ricardo Hausmann and Ugo Panizz back in 2003, namely per Paul Krugman “the long-standing notion that developing economies are especially vulnerable to financial crises because they borrowed [...]