The economy after the MMT failure: How to navigate it now

Reupload The former deputy governor of the central bank Dr W.A.Wijewardena and University of Colombo Prof Sirimal Abeyratne discusses with Dhananath Fernando on navigating Sri Lanka’s economy after MMT failure. FNF Sri Lanka and Advocata Institute are partnering with Echelon for its Reboot Everything Festival 2022. 0:00- Intro 1:22- What is MMT? 5:15- Navigating MMT through the crisis 8:46- Change in economic policy reforms 11:02- Risks of printing money 13:22- Resolutions to the government sector 15:01- Bearing the cost 16:12- Cost of printing 1 trillion rupees 18:30- Cutting down government expenditure 19:56- Pros and cons of restructuring debt 22:36- Solutions to the economic crisis 25:14- Money vs inflation 28:20- Commodity Markets 29:32- Limits of monetary policy 32:45- Flexible inflation targeting 36:25- 40:03- Conclusion Our Podcast: Spotify : https://open.spotify.com/show/6gcmUII... Anchor : https://anchor.fm/echelon9 Apple : https://apple.co/3NR3C3l Google : https://bit.ly/3AzNOih Official page: https://www.echelon.lk/ Follow us on Social Media- Facebook:   / echelonmag   Instagram:   / echelon_mag   Twitter:   / echelonmag   Linkedin:   / eche.  . Youtube:    / echelonmag