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Prebisch: The continuing validity of his basic ideas
- Source: CEPAL Review, Volume 2001, Issue 75, Dec 2001, p. 39 - 50
- Spanish
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- 28 Dec 2001
Abstract
Prebisch’s analytical contributions, which are particularly valuable and numerous in the fields of development theory and policy, have sometimes been called “pre-economics”. This term is used to denote those points of view which seem to be based on and justified by common sense -for example, the desirability of industrialization and of the application of protection in order to achieve this- but which are at variance with conclusions backed up by economic science.
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