If a country needs to demonstrate to the world that it is fiscally prudent, however, because doing so will prevent speculation against its own currency and maintain the inflow of foreign currency, then expansionary macroeconomic policies may be impossible

Economics Feb 03, 2022

If a country needs to demonstrate to the world that it is fiscally prudent, however, because doing so will prevent speculation against its own currency and maintain the inflow of foreign currency, then expansionary macroeconomic policies may be impossible. Does this mean that developing countries cannot use expansionary macroeconomic policies? Relate to Argentina, Reference for further reading