IDEAS home Printed from
MyIDEAS: Login to save this article or follow this journal

Intercambio Desigual y Tasa de Cambio: ¿Saqueo o Explotación? El Aporte de Gernot Köhler

  • Chaves, Emilio José

Unequal 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.

If 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.

File URL:
Download Restriction: no

File URL:
Download Restriction: no

Article provided by Entelequia y Grupo (Universidad de Málaga) in its journal Entelequia. Revista Interdisciplinar.

Volume (Year): (2006)
Issue (Month): 2 (Fall)
Pages: 175-195

in new window

Handle: RePEc:erv:ancoec:y:2006:i:2:p:175-195
Contact details of provider: Web page:

No references listed on IDEAS
You can help add them by filling out this form.

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:erv:ancoec:y:2006:i:2:p:175-195. See general 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 you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.