HOW INDUSTRIALIZATION BECAME THE CORE OF RAÚL PREBISCH’S THOUGHT

Adriana Calcagno

Journal of the History of Economic Thought, 2023, vol. 45, issue 4, 625-646

Abstract: This paper focuses on the intellectual path through which Raúl Prebisch placed industrialization at the center of his economic thought and policy recommendations. It shows how the changing international context of the 1930s and 1940s made him depart from laissez-faire and adopt countercyclical policies, gradually abandoning the agrarian export-led growth model and finally embracing industrialization as the new growth strategy for Argentina and Latin America.

Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:cup:jhisec:v:45:y:2023:i:4:p:625-646_5

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