IDEAS home Printed from https://ideas.repec.org/a/fan/spespe/vhtml10.3280-spe2024-002001.html
   My bibliography  Save this article

Ra?l Prebisch?s Influence on Contemporary Development Studies: A Review of Recent Literature (2010-2021)

Author

Listed:
  • Fernando Garc?a-Quero

Abstract

This research examines the influence of Prebisch?s work on contemporary academic debates in development studies. To this end, a systematic literature review of studies published in the main development studies journals over the period 20102021 was conducted. A total of 139 articles were located and analyzed thematically. The articles were categorized according to their analytical approach, bibliographic citations, themes, treatment (anecdotal or deep), and misunderstandings and omissions of Prebisch?s thought. With some exceptions, most of the articles allude to Prebisch in an anecdotal way, without delving into his thought and his extensive work. The results reveal a notable lack of knowledge about a pioneering author in development studies, especially regarding the final stage of his thought in which he tried to formulate a global theory of development. Despite this, Prebisch?s thought connects with lines of research at the frontier of knowledge on the entrepreneurial state, ecologically unequal exchange, or post-extractivisms. A research and political agenda focused on his legacy requires placing at the center of the development debate issues such as the social use of surplus, the concentration of means of production, technological progress, industrialization, environmental challenges and, above all, the ethics of development.

Suggested Citation

  • Fernando Garc?a-Quero, 2024. "Ra?l Prebisch?s Influence on Contemporary Development Studies: A Review of Recent Literature (2010-2021)," HISTORY OF ECONOMIC THOUGHT AND POLICY, FrancoAngeli Editore, vol. 2024(2), pages 5-36.
    • Handle: RePEc:fan:spespe:v:html10.3280/spe2024-002001
    as

    Download full text from publisher

    File URL: http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=76931&Tipo=ArticoloPDF
    Download Restriction: Single articles can be downloaded buying download credits, for info: https://www.francoangeli.it/DownloadCredit
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Madrueño, Rogelio & Tezanos, Sergio, 2018. "The contemporary development discourse: Analysing the influence of development studies’ journals," World Development, Elsevier, vol. 109(C), pages 334-345.
    2. Engelbert Stockhammer, 2023. "Macroeconomic ingredients for a growth model analysis for peripheral economies: a post-Keynesian-structuralist approach," New Political Economy, Taylor & Francis Journals, vol. 28(4), pages 628-645, July.
    3. Lim, Sijeong & Prakash, Aseem, 2017. "Do Economic Problems at Home Undermine Worker Safety Abroad?: A Panel Study, 1980–2009," World Development, Elsevier, vol. 96(C), pages 562-577.
    4. Paola Perez-Aleman & Flavia Chaves Alves, 2017. "Reinventing industrial policy at the frontier: catalysing learning and innovation in Brazil," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 10(1), pages 151-171.
    5. Winkelried, Diego, 2018. "Unit roots, flexible trends, and the Prebisch-Singer hypothesis," Journal of Development Economics, Elsevier, vol. 132(C), pages 1-17.
    6. Behrooz Morvaridi & Caroline Hughes, 2018. "South–South Cooperation and Neoliberal Hegemony in a Post†aid World," Development and Change, International Institute of Social Studies, vol. 49(3), pages 867-892, May.
    7. Cristóbal Kay, 2020. "Theotonio Dos Santos (1936–2018): The Revolutionary Intellectual Who Pioneered Dependency Theory," Development and Change, International Institute of Social Studies, vol. 51(2), pages 599-630, March.
    8. Ghoshray, Atanu, 2011. "A reexamination of trends in primary commodity prices," Journal of Development Economics, Elsevier, vol. 95(2), pages 242-251, July.
    9. Spinola, Danilo, 2020. "Uneven development and the balance of payments constrained model: Terms of trade, economic cycles, and productivity catching-up," Structural Change and Economic Dynamics, Elsevier, vol. 54(C), pages 220-232.
    10. Geenen, Sara, 2019. "Gold and godfathers: Local content, politics, and capitalism in extractive industries," World Development, Elsevier, vol. 123(C), pages 1-1.
    11. Naudé, Wim, 2011. "Entrepreneurship is Not a Binding Constraint on Growth and Development in the Poorest Countries," World Development, Elsevier, vol. 39(1), pages 33-44, January.
    12. Prebisch, Raúl, 1988. "Dependencia, interdependencia y desarrollo," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), April.
    13. Fukuda-Parr, Sakiko & Muchhala, Bhumika, 2020. "The Southern origins of sustainable development goals: Ideas, actors, aspirations," World Development, Elsevier, vol. 126(C).
    14. Jarrín-V, Pablo & Falconí, Fander & Cango, Pedro & Ramos-Martin, Jesus, 2021. "Knowledge gaps in Latin America and the Caribbean and economic development," World Development, Elsevier, vol. 146(C).
    15. Laura Mann & Gianluca Iazzolino, 2021. "From Development State to Corporate Leviathan: Historicizing the Infrastructural Performativity of Digital Platforms within Kenyan Agriculture," Development and Change, International Institute of Social Studies, vol. 52(4), pages 829-854, July.
    16. Daruich, Diego & Easterly, William & Reshef, Ariell, 2019. "The surprising instability of export specializations," Journal of Development Economics, Elsevier, vol. 137(C), pages 36-65.
    17. Mariana Mazzucato & Caetano C.R. Penna, 2016. "Beyond market failures: the market creating and shaping roles of state investment banks," Journal of Economic Policy Reform, Taylor & Francis Journals, vol. 19(4), pages 305-326, October.
    18. Romero, João P. & Gramkow, Camila, 2021. "Economic complexity and greenhouse gas emissions," World Development, Elsevier, vol. 139(C).
    19. Gurrieri, Adolfo, 2001. "The ideas of young Prebisch," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), December.
    20. Erten, Bilge & Ocampo, José Antonio, 2013. "Super Cycles of Commodity Prices Since the Mid-Nineteenth Century," World Development, Elsevier, vol. 44(C), pages 14-30.
    21. Chuku Chuku & Anthony Simpasa & Jacob Oduor, 2018. "Macroeconomic Consequences of Commodity Price Fluctuations in African Economies," African Development Review, African Development Bank, vol. 30(4), pages 329-345, December.
    22. Ferrer, Aldo, 2010. "Raúl Prebisch y el dilema del desarrollo en el mundo global," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), August.
    23. James H. Street, 1987. "Raúl Prebisch, 1901-1986: An Appreciation," Journal of Economic Issues, Taylor & Francis Journals, vol. 21(2), pages 649-659, June.
    24. Bárcena, Alicia & Bielschowsky, Ricardo & Torres, Miguel, 2022. "El pensamiento de la CEPAL (2009-2018): hacia una estrategia neoestructuralista de desarrollo basada en un enfoque de derechos," El Trimestre Económico, Fondo de Cultura Económica, vol. 89(353), pages 73-109, enero-mar.
    25. David I. Harvey & Neil M. Kellard & Jakob B. Madsen & Mark E. Wohar, 2010. "The Prebisch-Singer Hypothesis: Four Centuries of Evidence," The Review of Economics and Statistics, MIT Press, vol. 92(2), pages 367-377, May.
    26. Gurrieri, Adolfo, 1981. "La economía política de Raúl Prebisch," Sede de la CEPAL en Santiago (Estudios e Investigaciones) 33090, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    27. Bengi Akbulut & Fikret Adaman & Yahya M. Madra, 2015. "The Decimation and Displacement of Development Economics," Working Papers 2015/01, Bogazici University, Department of Economics.
    28. repec:osf:socarx:hxv2b_v1 is not listed on IDEAS
    29. C.P. Chandrasekhar, 2015. "A Window of Enlightenment? Revisiting Bretton Woods to Reinterpret the History of Hegemony," Development and Change, International Institute of Social Studies, vol. 46(6), pages 1401-1414, November.
    30. Kerner, Daniel & Love, Joseph L. & Pollock, David H., 2001. "Entrevista inédita a Prebisch: logros y deficiencias de la CEPAL," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), December.
    31. Rory Horner & Seth Schindler & Daniel Haberly & Yuko Aoyama, 2018. "Globalisation, uneven development and the North–South ‘big switch’," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 11(1), pages 17-33.
    32. Ingrid Harvold Kvangraven, 2021. "Beyond the Stereotype: Restating the Relevance of the Dependency Research Programme," Development and Change, International Institute of Social Studies, vol. 52(1), pages 76-112, January.
    33. Fernando López Castellano & Fernando García-Quero, 2022. "Nuevas teorizaciones y nuevas agendas en los estudios del desarrollo," Revista de Economia Critica, Asociacion de Economia Critica, vol. 33, pages 42-57.
    34. Byrne, Joseph P. & Fazio, Giorgio & Fiess, Norbert, 2013. "Primary commodity prices: Co-movements, common factors and fundamentals," Journal of Development Economics, Elsevier, vol. 101(C), pages 16-26.
    35. Matías Vernengo, 2013. "Raúl Prebisch: A Peripheral Economist at Centre Stage," Development and Change, International Institute of Social Studies, vol. 44(5), pages 1207-1219, September.
    36. Prebisch, Raúl, 1950. "The economic development of Latin America and its principal problems," Sede de la CEPAL en Santiago (Estudios e Investigaciones) 29973, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    37. Seth Pipkin, 2017. "From experience to experiment: sources of ownership in processes of knowledge formation," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 10(1), pages 127-149.
    38. Arndt, H. W., 1985. "The origins of structuralism," World Development, Elsevier, vol. 13(2), pages 151-159, February.
    39. Calcagno, Adriana, 2023. "How Industrialization Became The Core Of Raúl Prebisch’S Thought," Journal of the History of Economic Thought, Cambridge University Press, vol. 45(4), pages 625-646, December.
    40. Mastini, Riccardo & Kallis, Giorgos & Hickel, Jason, 2021. "A Green New Deal without growth?," Ecological Economics, Elsevier, vol. 179(C).
    41. Ravni Thakur, 2016. "The Marginalization of Tibetans in Tibet: Rethinking the Development Story," Development and Change, International Institute of Social Studies, vol. 47(1), pages 203-217, January.
    42. Ashwani Saith, 2018. "Ajit Singh (1940–2015), the Radical Cambridge Economist: Anti†imperialist Advocate of Third World Industrialization," Development and Change, International Institute of Social Studies, vol. 49(2), pages 561-628, March.
    43. Jewellord Nem Singh & Jesse Salah Ovadia, 2018. "The theory and practice of building developmental states in the Global South," Third World Quarterly, Taylor & Francis Journals, vol. 39(6), pages 1033-1055, June.
    44. Fernando García-Quero & Fernando López Castellano, 2022. "From the mainstream economics research frontier towards critical institutional political economy," Brazilian Journal of Political Economy, Center of Political Economy, vol. 42(3), pages 619-637.
    45. Mann, Laura & Iazzolino, Gianluca, 2021. "From development state to corporate leviathan: historicizing the infrastructural performativity of digital platforms within Kenyan agriculture," LSE Research Online Documents on Economics 110725, London School of Economics and Political Science, LSE Library.
    46. Fred Block, 2014. "Polanyian Themes: From Budapest to the Caribbean," Development and Change, International Institute of Social Studies, vol. 45(6), pages 1449-1456, November.
    47. Torres, Miguel & Pérez Caldentey, Esteban & Sunkel, Osvaldo, 2012. "Raúl Prebisch (1901-1986): Un recorrido por las etapas de su pensamiento sobre el desarrollo económico," Sede de la CEPAL en Santiago (Estudios e Investigaciones) 40062, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    48. Calcagno, Adriana, 2023. "How Industrialization Became The Core Of Raúl Prebisch'S Thought," SocArXiv hxv2b, Center for Open Science.
    49. Kvangraven, Ingrid Harvold, 2020. "Impoverished economics? A critical assessment of the new gold standard," World Development, Elsevier, vol. 127(C).
    50. Ben Radley, 2020. "The End of the African Mining Enclave? Domestic Marginalization and Labour Fragmentation in the Democratic Republic of Congo," Development and Change, International Institute of Social Studies, vol. 51(3), pages 794-816, May.
    51. Irwin, Douglas A., 2021. "The rise and fall of import substitution," World Development, Elsevier, vol. 139(C).
    52. Servaas Storm, 2017. "The Political Economy of Industrialization: Introduction to Development and Change Virtual Issue," Development and Change, International Institute of Social Studies, vol. 48(6), pages 1-19, November.
    53. Diego Daruich & William Easterly & Ariell Reshef, 2019. "The surprising instability of export specializations," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-02875089, HAL.
    54. John Toye & Richard Toye, 2003. "The Origins and Interpretation of the Prebisch-Singer Thesis," History of Political Economy, Duke University Press, vol. 35(3), pages 437-467, Fall.
    55. Antonio Andreoni & Ha-Joon Chang, 2017. "Bringing production and employment back into development: Alice Amsden’s legacy for a new developmentalist agenda," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 10(1), pages 173-187.
    56. Amsden, Alice H., 2004. "Import substitution in high-tech industries: Prebisch lives in Asia!," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), April.
    57. Prebisch, Raúl, 1980. "Biosphere and development," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), December.
    58. Mariana Mazzucato & Caetano C.R. Penna, 2016. "Beyond market failures: the market creating and shaping roles of state investment banks," Journal of Economic Policy Reform, Taylor and Francis Journals, vol. 19(4), pages 305-326, October.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Addison, Tony & Ghoshray, Atanu, 2023. "Discerning trends in international metal prices in the presence of nonstationary volatility," Resource and Energy Economics, Elsevier, vol. 71(C).
    2. Judith Clifton & Amy Glasmeier & Alpen Sheth, 2017. "Revisiting development theory: Alice H. Amsden’s impact on the field," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 10(1), pages 3-14.
    3. Yamada, Hiroshi & Yoon, Gawon, 2014. "When Grilli and Yang meet Prebisch and Singer: Piecewise linear trends in primary commodity prices," Journal of International Money and Finance, Elsevier, vol. 42(C), pages 193-207.
    4. Winkelried, Diego, 2021. "Unit roots in real primary commodity prices? A meta-analysis of the Grilli and Yang data set," Journal of Commodity Markets, Elsevier, vol. 23(C).
    5. Kim, Hyeongwoo & Zhang, Yunxiao, 2020. "Investigating properties of commodity price responses to real and nominal shocks," The North American Journal of Economics and Finance, Elsevier, vol. 51(C).
    6. Harvey, David I. & Kellard, Neil M. & Madsen, Jakob B. & Wohar, Mark E., 2017. "Long-Run Commodity Prices, Economic Growth, and Interest Rates: 17th Century to the Present Day," World Development, Elsevier, vol. 89(C), pages 57-70.
    7. Winkelried, Diego, 2018. "Unit roots, flexible trends, and the Prebisch-Singer hypothesis," Journal of Development Economics, Elsevier, vol. 132(C), pages 1-17.
    8. Trofimov, Ivan D., 2018. "Income terms of trade and economic convergence: Evidence from Latin America," MPRA Paper 87598, University Library of Munich, Germany.
    9. Tony Addison & Atanu Ghoshray & Michalis P. Stamatogiannis, 2016. "Agricultural Commodity Price Shocks and Their Effect on Growth in Sub-Saharan Africa," Journal of Agricultural Economics, Wiley Blackwell, vol. 67(1), pages 47-61, February.
    10. Konstantin M. Wacker, 2016. "Do Multinationals Deteriorate Developing Countries' Export Prices? The Impact of FDI on Net Barter Terms of Trade," The World Economy, Wiley Blackwell, vol. 39(12), pages 1974-1999, December.
    11. Winkelried, Diego, 2016. "Piecewise linear trends and cycles in primary commodity prices," Journal of International Money and Finance, Elsevier, vol. 64(C), pages 196-213.
    12. Tony Addison & Atanu Ghoshray & Michalis P. Stamatogiannis, 2016. "Agricultural Commodity Price Shocks and Their Effect on Growth in Sub-Saharan Africa," Journal of Agricultural Economics, Wiley Blackwell, vol. 67(1), pages 47-61, February.
    13. Mohsen Bahmani-Oskooee & Tsangyao Chang & Zahra (Mila) Elmi & Omid Ranjbar, 2018. "Re-testing Prebisch–Singer hypothesis: new evidence using Fourier quantile unit root test," Applied Economics, Taylor & Francis Journals, vol. 50(4), pages 441-454, January.
    14. Joseph P Byrne & Ryuta Sakemoto & Bing Xu, 2020. "Commodity price co-movement: heterogeneity and the time-varying impact of fundamentals [Oil price shocks and the stock market: evidence from Japan]," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 47(2), pages 499-528.
    15. Giovanni Federico & Antonio Tena‐Junguito, 2017. "Lewis revisited: tropical polities competing on the world market, 1830–1938," Economic History Review, Economic History Society, vol. 70(4), pages 1244-1267, November.
    16. Arezki, Rabah & Hadri, Kaddour & Loungani, Prakash & Rao, Yao, 2014. "Testing the Prebisch–Singer hypothesis since 1650: Evidence from panel techniques that allow for multiple breaks," Journal of International Money and Finance, Elsevier, vol. 42(C), pages 208-223.
    17. Elkhan Richard Sadik-Zada & Wilhelm Loewenstein & Yadulla Hasanli, 2019. "Commodity Revenues, Agricultural Sector and the Magnitude of Deindustrialization: A Novel Multisector Perspective," Economies, MDPI, vol. 7(4), pages 1-15, November.
    18. Atanu Ghoshray, 2013. "Dynamic Persistence of Primary Commodity Prices," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 95(1), pages 153-164.
    19. Narayan, Paresh Kumar & Sharma, Susan Sunila, 2018. "An analysis of time-varying commodity market price discovery," International Review of Financial Analysis, Elsevier, vol. 57(C), pages 122-133.
    20. Makhlouf, Yousef & Kellard, Neil M. & Vinogradov, Dmitri, 2023. "What moves commodity terms-of-trade? Evidence from 178 countries," Journal of Commodity Markets, Elsevier, vol. 32(C).

    More about this item

    JEL classification:

    • B20 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - General
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • N16 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Latin America; Caribbean

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fan:spespe:v:html10.3280/spe2024-002001. See general information about how to correct material in RePEc.

    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 CitEc recognized a bibliographic reference but did not link an item in RePEc 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Stefania Rosato (email available below). General contact details of provider: http://www.francoangeli.it/riviste/sommario.aspx?IDRivista=121 .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.