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Corporate Credit, Housing, and the Next Recession (PIMCO Blog, 3 min read) Corporate credit is one possible trigger for the next US recession, in particularly from leveraged loans, high yield debt and private credit. By contrast, the housing market is seen as an area of strength rather than weakness.
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A Roadmap for Digital-led Economic Development (VoxEU, 7 min read) Developing countries can use digital technology to improve efficiency through automation, lower transaction costs and better system design. But conditions must also be put in place to ensure technology is inclusive.