Raul Prebisch

Course

He was mostly wrong I believe, but still an important and influential figure.  He saw the importance of commodity prices for economic development.

 

Download
Options
Translate Practice Questions

Contributed Content (0)

Ask a Question

 
user's picture

Prebish has been obligated to emigrate from Argentina by dictators but his ideas, mainly the Imports Substitution one, are prevalent in Latin America since early 50´s of last century.

user's picture

It's hard to say. You can point to Argentina having economic stagnation, but other countries under Import Substitution Industrialization (such as Mexico) did very well for several decades.

user's picture

Mrs. Krichner is a big, big fan of Mr. Prebisch's ideas, although she might not be able to name the economist. Imports of Iphones, BMWs, books from Spain, Barbie dolls, etc., are forbidden in order to promote local substitutes. This WSJ article explains it very well: http://online.wsj.com/article/SB1000142405297020479110457710865394718617...

Please register or login to answer a question
 
Please register or login to answer a question
 
Please register or login to answer a question
 
Please register or login to answer a question
Please register or login to ask a question