Currie and ECLAC. An Approaching to Development Theory

Camila Franco Restrepo () and Carlos Alberto Ruiz Martínez ()

No 12799, Econógrafos, Escuela de Economía from Universidad Nacional de Colombia, FCE, CID

Abstract: The main purpose of this paper is to stress the need for developing theoretical framework which involves the characteristics of the model presented by the Colombian-Canadian economist Lauchlin Currie along with the ECLA’s ideas, particularly those developed by Raul Prebisch. Those elements let to establish a differential analysis that synthesized in a proposal emphasized in: the role of economic structures within the policy recommendations, including leading sectors to enable the economic transformation and defining growth as a selfgenerating process that encourages innovation and institutional renovation. The paper shows a historical characterization of Colombian economy within ECLAC and Currie framework to compare the practical and theoretical view and the possible failures with their applications. Finally, this paper wants to vindicate the role of this brilliant economist whose ideas have been latent in new proposals but are not recognized as part of his theoretical work. It is also an incentive for developing a research project to find a macroeconomic theory for school ECLAC.

Keywords: Developing countries; ECLAC; Currie. (search for similar items in EconPapers)
JEL-codes: B29 O10 O43 O54 (search for similar items in EconPapers)
Pages: 10
Date: 2013-03-29
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