Tag: Modern Monetary Theory

  • Can Modern Monetary Theory solve Africa’s debt crisis ?

    Can Modern Monetary Theory solve Africa’s debt crisis ?

    For centuries, indebtedness has been a feature of African economies. Debt has been so heavy and unsustainable that it is often thought to be irrevocable. Is indebtedness really irredeemable? And can monetary sovereignty as defined by Modern Monetary Theory (MMT) settle African states problems with their creditors? These questions, among many others, have been debated…