As nervous investors pushed down the price of Ukraine’s government Eurobonds on Friday, Ljungman, a Swedish economist with a decade of IMF work, gave a primer in classical economics: “We know that prudent monetary, monetary and financial policies have an extremely positive impact on long-term economic development. But we also know that sometimes good policies are unpopular, and some politicians seek to stimulate rapid growth.”
As nervous investors pushed down the price of Ukraine’s government Eurobonds on Friday
