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Food Aid, North-South Trade, and the Prebisch-Singer Thesis

In: Development Economics and Policy

Author

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  • Kunibert Raffer

Abstract

Looking at the numerous contributions of Sir Hans Singer to development economics, two main strands of research can be discerned: 1. his seminal work on the empirical effects of trade on the South, named the Prebisch-Singer thesis after the two economists who rocked the boat of professional complacency exposing a disturbing contradiction between theoretical expectations and practical outcome. After explaining the mechanisms leading to an unequal international distribution of gains between countries (Singer 1950), Sir Hans has played a leading role in the debate on whether a falling trend in Southern net barter terms of trade can be proven by statistical methods, which has engaged economists and statisticians from the 1940s to this very day. 2. his contributions to the issue of food aid.

Suggested Citation

  • Kunibert Raffer, 1998. "Food Aid, North-South Trade, and the Prebisch-Singer Thesis," Palgrave Macmillan Books, in: David Sapsford & John-ren Chen (ed.), Development Economics and Policy, chapter 12, pages 230-248, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-26769-9_12
    DOI: 10.1007/978-1-349-26769-9_12
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