Specialisation and Dependence: A New Approach

Kunibert Raffer
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Kunibert Raffer: University of Vienna

Chapter 7 in Unequal Exchange and the Evolution of the World System, 1987, pp 112-133 from Palgrave Macmillan

Abstract: Abstract All approaches to Unequal Exchange presented in the foregoing chapters suffer from two main shortcomings. First, they lack the link between trade and Unequal Exchange: that is, they do not detail how non-equivalence is being produced and reproduced by the very act of exchange. Second, it must be asked whether the Marxian law of value and the transformation pertaining to it or Sraffa-type equations do really lend themselves to an analysis of international economic relations.

Keywords: Market Power; Foreign Exchange; Price Increase; World System; Indirect Taxis (search for similar items in EconPapers)
Date: 1987
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-09187-4_7

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DOI: 10.1007/978-1-349-09187-4_7

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