[embedded content]My talk at the Universidad Nacional de Colombia last Friday, in Spanish of course. Part of the argument is that Prebisch, contrary to what is often assumed, moved from an argument that emphasized the role of the external constraint in leading to underdevelopment during his United Nations years, to one that put the emphasis on the patterns of domestic consumption, and its negative impact on the surplus, following the literature on stagnation, in his last book on peripheral...
Read More »UNCTAD INET-YSI Summer School 2020
Register here. I will be talking about Myths about monetary policy, inflation targeting and central banks.
Read More »Bill Mitchell — Addressing claims that global financial markets are all powerful
The United Nations Trade and Development Report 2017 was published last week and carried the sub-title “Beyond Austerity: Towards a Global New Deal”. It is amazing that 9 years after the crisis emerged we are still discussing austerity and its on-going damaging consequences. Effectively the crisis interrupted the neoliberal agenda to increase the incomes shares of the elites at the expense of the workers, with growth being a secondary consideration if at all. Austerity was the means by...
Read More »Ramaman — UNCTAD On The Case For A Global New Deal
Link to report. The Case for Concerted Action UNCTAD On The Case For A Global New Deal V. Ramaman
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