RETHINKING DEVELOPMENT FINANCE IN THE LIGHT OF MODERN MONETARY THEORY

This article discusses the challenges of financing economic development and how the Modern Monetary Theory (MMT) offers important tools for countries to overcome historical difficulties. It is shown how financialization creates problems for central countries to finance innovation, previo...

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Bibliographic Details
Main Authors: Luiz Alberto Marques Vieira Filho, David Deccache
Format: Article
Language:English
Published: Instituto de Pesquisa Econômica Aplicada 2022-12-01
Series:Revista Tempo do Mundo
Subjects:
Online Access:https://www.ipea.gov.br/revistas/index.php/rtm/article/view/392/341