dynamics of cross border trade and investment in South Asia, exploring the potential for, and obstacles to, such trade through …-based, not very diverse, relatively high cost), and high trade costs exacerbated by complicated rules of origin, frustrating … creating the conditions for greater cross-border investment within the SAARC region, first in textiles and accessories and then …

several formal representations of the consumption-investment trade-off in growth theory, found in the Harrod-Domar growth …This paper addresses the limitations of Modern Money Theory (MMT) as a guide to development policy. We explore two … central questions on this topic: whether MMT policies 1) ought to be implemented in low- and middle-income economies and 2 …

finance from Lerner, MMT, and the Sraffians. First, we will argue that the general functional finance framework can be …, we use this separation to provide an alternative comparison between Lerner and the MMT to that proposed by Wray (2018 … three comparable 'toy models', by stressing the shared principles and specific disagreements between Lerner, MMT and the …

Modern Monetary Theory (MMT) has relied on the examination of balance sheets, which has led to advancements in the … bring forward old discussions and insights, which can be integrated into recent debates. MMT authors emphasize the … that a horizontalist approach - adopted by MMT scholars - was already present in Wicksell (1898) and in the writings of …

is constrained both by regional economic compacts (in the case of Mexico, NAFTA) and by having a large share of the …