CEPAL Review

Cepal Review is the leading journal for the study of economic and social development issues in Latin America and the Caribbean. Edited by the Economic Commission for Latin America, each issue focuses on economic trends, industrialization, income distribution, technological development and monetary systems, as well as the implementation of economic reform and transfer of technology. Written in English and Spanish (Revista de la Cepal), each tri-annual issue offers approximately 12 studies and essays undertaken by authoritative experts or gathered from conference proceedings.

English Spanish

Economic development and theories of value

If economics is to supply more reliable interpretations of development in concrete historical cases it is essential that it should break through the narrow limits within which it has been confined by theories o f value based on the assumption of general equilibrium. The conception of value as power proposed by the author is aimed specifically at lessening the rigidity of the categories of economic analysis so that they can easily incorporate contributions from other social sciences.

English Spanish

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