Modern Monetary Theory (MMT) has the potential to be disruptive innovation in the economics discipline. Like public administration, it’s an amalgam of law, history, finance, banking, public policy, and philosophy.
The Green Institute is hosting this important discussion which will explore whether MMT can serve as an alternative path to economic prosperity in the global south. The current monetary system unduly favors a few countries while keeping the Global South indebted and impoverished. This broad-ranging discussion will examine food and energy insecurity, human rights, debtors’ rights, privacy rights, antitrust, public health, payments systems innovation, participatory budgeting, decarceration, grassroots mobilization through the MMT lens.
Keynote Topic:
Africa's Path Towards Resilience and Sovereignty: The Real Wakanda is within Reach
This presentation will highlight Africa's structural economic deficiencies (lack of food and energy sovereignty, and the dominance of extractive and low value-added industries) and will demonstrate that the traditional policy prescriptions (FDI, tourism, export-led growth, remittances, and financial liberalization) are in fact structural traps that perpetuate and exacerbate Africa's external debt and dependence on the Global North. The presentation will also introduce an alternative economic development vision informed by Modern Monetary Theory insights that show a pathway towards food/energy security, full employment, resilience, and higher degrees of monetary and economic sovereignty.
SPEAKERS
Dr. Fadhel Kaboub
President
Global Institute for Sustainable Prosperity
Naita Hishoono
Political Sociolgist
Dr. Wale Ajibade
Executive Director
African Views
Andrew Weeraratne
Entrepreneur and CPA
Phelisa Nkomo
Development Economist
Hon. Nobulumko Nkondlo
Honorable Member
Western Cape Provincial Parliament
Prof. Byron Price
Convener
Modern Monetary Theory (MMT)
