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

On peripheral capitalism and its transformation

I have already twice commented on some aspects of Raul Prebisch’s latest work: I shall now attempt a more comprehensive critique. This is certainly no easy task, even though I shall deal only with the interpretative aspects of his arguments in the articles published in the CEPAL Review, Nos. 1 and 6, and not with his ‘theory of change’, which, while most thoughtprovoking, may be considered incomplete in more senses than one, as the ideas in it are still being worked out.

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