{"title":"热带地区的现代货币理论:发展中国家的功能性金融","authors":"M. Vernengo, Esteban Pérez Caldentey","doi":"10.1080/05775132.2020.1747729","DOIUrl":null,"url":null,"abstract":"Abstract Modern Money Theory (MMT) has become very popular among some progressive economists. Its basic argument is that budget deficits are usually not a constraint on government spending, The authors, progressives themselves, argue that some aspects of MMT are useful, but others are incomplete or confusing. They focus on the application of MMT to developing countries.","PeriodicalId":88850,"journal":{"name":"Challenge (Atlanta, Ga.)","volume":"39 1","pages":"332 - 348"},"PeriodicalIF":0.0000,"publicationDate":"2020-10-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"29","resultStr":"{\"title\":\"Modern Money Theory (MMT) in the Tropics: Functional Finance in Developing Countries\",\"authors\":\"M. Vernengo, Esteban Pérez Caldentey\",\"doi\":\"10.1080/05775132.2020.1747729\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"Abstract Modern Money Theory (MMT) has become very popular among some progressive economists. Its basic argument is that budget deficits are usually not a constraint on government spending, The authors, progressives themselves, argue that some aspects of MMT are useful, but others are incomplete or confusing. They focus on the application of MMT to developing countries.\",\"PeriodicalId\":88850,\"journal\":{\"name\":\"Challenge (Atlanta, Ga.)\",\"volume\":\"39 1\",\"pages\":\"332 - 348\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2020-10-16\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"29\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Challenge (Atlanta, Ga.)\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.1080/05775132.2020.1747729\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Challenge (Atlanta, Ga.)","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1080/05775132.2020.1747729","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
Modern Money Theory (MMT) in the Tropics: Functional Finance in Developing Countries
Abstract Modern Money Theory (MMT) has become very popular among some progressive economists. Its basic argument is that budget deficits are usually not a constraint on government spending, The authors, progressives themselves, argue that some aspects of MMT are useful, but others are incomplete or confusing. They focus on the application of MMT to developing countries.