Abstract
ABSTRACT If the orthodox approaches related to financing development are based on the postulate of the preexisting saving fund, this postulate seems not to work within the current monetary and financial situations of most of the developing economies. This paper suggests an alternative development financing analysis (heterodox) articulated upon a money-postulate-based approach. The underlying idea is to shaw that the opposition (financing by money creation and financing by saving) should remain rhetoric and that to measure the negative effects of such an opposition. Thus we try to answer the question: what make a development strategy based on the financing by money creation possible?
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More From: Canadian Journal of Development Studies / Revue canadienne d'études du développement
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