In a recent paper with Ugo Panizza of the Graduate Institute of Development Studies in Geneva, we show that in the aftermath of the 2008 crisis, emerging-market countries that could run the kind of counter-cyclical Keynesian policies espoused by Krugman had low levels of foreign-currency debt.
En un trabajo reciente con Ugo Panizza, del Instituto de Posgrado de Ginebra, mostramos que luego de la crisis de 2008, los países emergentes que lograron implementar políticas anticíclicas keynesianas propugnadas por Krugman, tenían bajos niveles de deuda en moneda extranjera.