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Liv Schaefer on Muck Rack

Liv Schaefer

As seen in: Brookings Institution
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Articles

What’s the marginal product of capital in developing countries?

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By Homi Kharas, Liv Schaefer
| Brookings Institution
Financial officials are meeting in Washington, D.C., for the Spring meetings of the World Bank and the International Monetary Fund (IMF) between April 13 and 18, 2026. There will be a lot of commentary about the short-, medium-, and long-term impact of the war with Iran, as well as concern about the outflow of portfolio capital—some $70 billion exited from emerging markets and developing economies (EMDEs) in March alone.
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