Complexities of Core-Periphery Relation: an Analysis of the Late Raul Prebisch

The Center for the History of Political Economy Working Paper Series No. 2016-34

30 Pages Posted: 18 Nov 2016  

Natalia Bracarense

North Central College

Date Written: November 16, 2016

Abstract

The work of Raúl Prebisch is typically summarized by two of his important contributions to development economics: the center-periphery paradigm together with his diagnosis of Latin America’s development struggles. Recent investigations have, however, shed light on the nature of Prebisch’s early work, especially his understanding of business cycles (Sember 2010; Perez and Vernengo 2012). Although the present paper focuses on his center and periphery, it examines Prebisch’s later work, casting a different light on his most enduring contribution to the field. While early in his career, Prebisch held a standard structuralist position by the 1960s, Prebisch embraced a less rigid understanding of the relationship between center and periphery, adding multiple layers to his analysis of the latter.

Keywords: Development Economic Theory, Latin American Structuralism, History of Economic Thought, Raúl Prebisch

JEL Classification: B2, B4, O1

Suggested Citation

Bracarense, Natalia, Complexities of Core-Periphery Relation: an Analysis of the Late Raul Prebisch (November 16, 2016). The Center for the History of Political Economy Working Paper Series No. 2016-34 . Available at SSRN: https://ssrn.com/abstract=2870709 or http://dx.doi.org/10.2139/ssrn.2870709

Natalia Bracarense (Contact Author)

North Central College ( email )

30 N Brainard St
Naperville, IL 60540
United States

Register to save articles to
your library

Register

Paper statistics

Downloads
63
rank
325,234
Abstract Views
340
PlumX