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unusual facts about Raúl Prebisch


Raewyn Connell

She has analyzed examples of theoretical work from the global South: including the work of Paulin Hountondji, Ali Shariati, Veena Das, Ashis Nandy and Raúl Prebisch.


Dependency theory

Dependency theory originates with two papers published in 1949 – one by Hans Singer, one by Raúl Prebisch – in which the authors observe that the terms of trade for underdeveloped countries relative to the developed countries had deteriorated over time: the underdeveloped countries were able to purchase fewer and fewer manufactured goods from the developed countries in exchange for a given quantity of their raw materials exports.


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