Comments on: Secular Stagnation: Short-term Fixes for Long-term Problems /2018/09/21/secular-stagnation-short-term-fixes-for-long-term-problems/ A Critical Perspective On Development Economics Fri, 01 Mar 2019 11:06:53 +0000 hourly 1 http://wordpress.com/ By: To be Poor in Times of the Current Financial Architecture – 黑料社区 /2018/09/21/secular-stagnation-short-term-fixes-for-long-term-problems/comment-page-1/#comment-1829 Fri, 01 Mar 2019 11:06:53 +0000 http://developingeconomics.org/?p=3627#comment-1829 […] A strong domestic banking sector might help gain access to foreign exchange but the problem of debt sustainability remains. Such finance is not only erratic and particularly pro-cyclical, but the profitability of investments in late-developers is also questionable in the face of tendencies towards stagnation in advanced capitalism, as predicted by Kalecki and Schumpeter (see Menon 2018). […]

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