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Raúl Prebisch and the conception and evolution of the core-periphery system

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  • Joaquim Miguel Couto

Abstract

This paper describes the career of Raul Prebisch and, at the same time, analyze his theoretical contribution when he tried to decipher the history and problems of economic development in Latin America. From adviser to ministers to the direction of the Argentine Central Bank, from ECLAC to UNCTAD he faced many battles. While worked in public positions, Prebisch was theoretically interpreting the world in which he lived. Thus emerged the core-periphery system, which included ideas of growth, the deteriorating terms of trade and the struggle for industrialization through import substitution. JEL Classification: B31; B22; O14.

Suggested Citation

  • Joaquim Miguel Couto, 2017. "Raúl Prebisch and the conception and evolution of the core-periphery system," Brazilian Journal of Political Economy, Center of Political Economy, vol. 37(1), pages 65-87.
    • Handle: RePEc:ekm:repojs:v:37:y:2017:i:1:p:65-87:id:106
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    File URL: https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/106/97
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    More about this item

    Keywords

    Raúl Prebisch; core-periphery system; ECLAC; UNCTAD;
    All these keywords.

    JEL classification:

    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals
    • B22 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Macroeconomics
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology

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