Intercambio Desigual y Tasa de Cambio: ¿Saqueo o Explotación? El Aporte de Gernot Köhler
AbstractUnequal Exchange is initially focused on Latin-American experiences and reflections around the topic. Second part of the essay presents the quantitative method of Gernot Köhler, results and tendencies during the last four decades of the XXth. Century. They show --against conventional wisdom-- that Third World currencies are not overvalued, but on the contrary, they are heavily undervalued with respect to the exchange rate measured in Power Parity Prices (PPP). The result is an enormous and increasing transfer of resources from Periphery to Center, stimulated by the triangle over devaluation-debt-dependence. The proposal to overcome this adverse effect on Periphery is explicit and open to academic and political debate between Central and Peripheral nations.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Entelequia y Grupo Eumed.net (Universidad de Málaga) in its journal Entelequia. Revista Interdisciplinar.
Volume (Year): (2006)
Issue (Month): 2 (Fall)
Contact details of provider:
Web page: http://www.eumed.net/entelequia/
Unequal Exchange; Center-Periphery; Exchange Rates;
Other versions of this item:
- Emilio Jose Cháves, . "Intercambio desigual y tasa de Cambio:¿Saqueo o Explotación? El aporte de Gernot Kohler," Working Papers - Programa TeorÃa de las Relaciones Internacionales 015, Argentine Center of International Studies.
- B49 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Other
- F32 - International Economics - - International Finance - - - Current Account Adjustment; Short-term Capital Movements
- F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
- I32 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Measurement and Analysis of Poverty
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Lisette Villamizar).
If references are entirely missing, you can add them using this form.