RAUL PREBISCH AND THE CURRENT STATE OF ECONOMIC DEVELOPMENT OF GUATEMALA

John Theodore

Review of Business and Finance Studies, 2019, vol. 10, issue 1, 45-52

Abstract: The author in this article compares the economic development of the Republic of Guatemala from 1945 to 2015 against the theories of the economic development of Latin America as promulgated by the famous Argentinian economist, Raul Prebisch. The obstacles against economic development in Guatemala were social, political, commercial and industrial. Guatemala is still experiencing uncoordinated technological applications in the economy, anti-competitive practices are extant, and a small percentage of the entire population controls most of the land. However, positive changes have been taking place in society, politics, commerce and industry supporting the economic development of the country

Keywords: Raul Prebisch; Economic Development of Latin America; la Comisión Económica Para La América Latina y el Caribe (CEPAL); Centros Y Periferias /Centers and Peripheries; Native and Alien Technologies; Republic of Guatemala; Economic Development; Diseconomies of Scale; Economies of Scale; Agricultural Industries; Mining; Extraction of Raw Materials; Anti-Competitive Practices; Productive Employment; Underemployment (search for similar items in EconPapers)
JEL-codes: F63 M00 (search for similar items in EconPapers)
Date: 2019
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.theibfr2.com/RePEc/ibf/rbfstu/rbfs-v10n1-2019/RBFS-V10N1-2019-5.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ibf:rbfstu:v:10:y:2019:i:1:p:45-52

Access Statistics for this article

Review of Business and Finance Studies is currently edited by Terrance Jalbert

More articles in Review of Business and Finance Studies from The Institute for Business and Finance Research
Bibliographic data for series maintained by Mercedes Jalbert ( this e-mail address is bad, please contact ).