The places that finance forgot

Countries fall off the global financial grid for a host of reasons: political obtuseness, lack of sovereign recognition, the departure of correspondent banking relationships, even Ebola. But we make a mistake if we think of these places as distant and uninteresting curios

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IMF SPECIAL:
THE PLACES THAT
FINANCE FORGOT

Why should you care about the places that finance forgot? There are more reasons than you might think.

As a general rule, nothing good comes from a place falling off the financial map. Most obviously it’s bad for the people who live in that place, who lose access to everything from credit to cash to essential imports.

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