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Center and Periphery: An Original Institutional Economics Analysis of Raúl Prebisch’s Structuralism

Abstract : The present article focuses on Raúl Prebisch’s center and periphery framework, connecting his early, mid-career, and later work to cast a different light on one of his most enduring contributions. Using an original institutional economics approach, the article shows that Prebisch held a structuralist perspective throughout his career, but while early on he maintained a standard structuralist position, by the 1960s Prebisch embraced a less rigid version of structuralism, understanding the relationship between center and periphery through a multi-layered analysis. A movement in such direction enriches economic theory, creating a dynamic framework that views social, economic, and political transformation as a result of interactive actions (Lawson [1997]. Economics and Reality. London: Routledge) between agents and structures.
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https://hal-univ-tlse2.archives-ouvertes.fr/hal-03663040
Contributor : Stefano Ugolini Connect in order to contact the contributor
Submitted on : Monday, May 9, 2022 - 5:54:15 PM
Last modification on : Tuesday, May 10, 2022 - 3:35:10 AM

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Natalia Bracarense. Center and Periphery: An Original Institutional Economics Analysis of Raúl Prebisch’s Structuralism. Review of Political Economy, Taylor & Francis (Routledge), In press, ⟨10.1080/09538259.2022.2062960⟩. ⟨hal-03663040⟩

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