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Credit ratings are punishing poorer countries for investing more in health care during the pandemic

  • Written by Ramya Vijaya, Professor of Economics, Stockton University
Credit ratings are punishing poorer countries for investing more in health care during the pandemicMorocco wanted to spend more on health care. As a result, its credit rating was cut. AP Photo/Abdeljalil Bounhar

Economic recovery from the COVID-19 pandemic depends on sustained investment in health care and social services. But while rich countries like the U.S. can borrow and spend relatively easily, low-income nations face a major obstacle:...

Read more: Credit ratings are punishing poorer countries for investing more in health care during the pandemic

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