MMT in the Global South (Ft. Fadhel Kaboub)
1Dime Radio
Economic Challenges in the Global South
This chapter explores the structural deficiencies faced by countries in the global South, emphasizing energy, food, and manufacturing deficits. It highlights the historical impacts of colonialism and current economic policies that exacerbate these issues, such as the reliance on cash crops and external debt. Case studies on Venezuela and Zimbabwe illustrate the complex interplay of hyperinflation, corruption, and production capacity challenges, emphasizing the need for strategies that enhance economic sovereignty and stability.
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