“Not surprisingly, anxious policymakers across the South are focusing their attention on the actions of the United States Federal Reserve, on the decisions of commodity traders and on the predatory practices of hedge funds, with a growing realization that they have limited control over some of the key components of their economic future.” – UNCTAD TDR 2017.
Write 2500 words critically discussing this statement with reference to relevant theories and empirical evidence.
Briefly elaborate policy implications in your conclusion. See attachment for more details.
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