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Specialisation and Dependence: A New Approach

In: Unequal Exchange and the Evolution of the World System

Author

Listed:
  • Kunibert Raffer

    (University of Vienna)

Abstract

All approaches to Unequal Exchange presented in the foregoing chapters suffer from two main shortcomings. First, they lack the link between trade and Unequal Exchange: that is, they do not detail how non-equivalence is being produced and reproduced by the very act of exchange. Second, it must be asked whether the Marxian law of value and the transformation pertaining to it or Sraffa-type equations do really lend themselves to an analysis of international economic relations.

Suggested Citation

  • Kunibert Raffer, 1987. "Specialisation and Dependence: A New Approach," Palgrave Macmillan Books, in: Unequal Exchange and the Evolution of the World System, chapter 7, pages 112-133, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-09187-4_7
    DOI: 10.1007/978-1-349-09187-4_7
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