Developing Nations Face Growing Risks, World Bank Says
Carmen Reinhart, chief economist at the World Bank, discusses the outlook for low-income countries amid the coronavirus pandemic. Developing countries face growing risks from financial fragility created by the Covid-19 crisis and non-transparent debt, according to a new report from the Washington-based lender. Reinhart speaks with Kathleen Hays, Shery Ahn and Haidi Stroud-Watts on "Bloomberg Daybreak: Australia."
About Carmen Reinhart
Carmen M. Reinhart (née Castellanos, born October 7, 1955) is a Cuban-American economist and the Minos A. Zombanakis Professor of the International Financial System at Harvard Kennedy School. Previously, she was the Dennis Weatherstone Senior Fellow at the Peterson Institute for International Economics and Professor of Economics and Director of the Center for International Economics at the University of Maryland. She is a research associate at the National Bureau of Economic Research, a Research...
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