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Center and Periphery: An Original Institutional Economics Analysis of Raúl Prebisch's Structuralism.
- Source :
-
Review of Political Economy . Apr2024, Vol. 36 Issue 2, p702-721. 20p. - Publication Year :
- 2024
-
Abstract
- The present article focuses on Raúl Prebisch's center and periphery framework, connecting his early, mid-career, and later work to cast a different light on one of his most enduring contributions. Using an original institutional economics approach, the article shows that Prebisch held a structuralist perspective throughout his career, but while early on he maintained a standard structuralist position, by the 1960s Prebisch embraced a less rigid version of structuralism, understanding the relationship between center and periphery through a multi-layered analysis. A movement in such direction enriches economic theory, creating a dynamic framework that views social, economic, and political transformation as a result of interactive actions (Lawson [1997]. Economics and Reality. London: Routledge) between agents and structures. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 09538259
- Volume :
- 36
- Issue :
- 2
- Database :
- Academic Search Index
- Journal :
- Review of Political Economy
- Publication Type :
- Academic Journal
- Accession number :
- 176474432
- Full Text :
- https://doi.org/10.1080/09538259.2022.2062960