The Global Political Economy of Ral Prebisch
The Global Political Economy of Ral Prebisch offers an original analysis of global political economy by examining it through the ideas, agency and influence of one of its most important thinkers, leaders and personalities. Prebischs ground-breaking ideas as an economist the terms-of-trade thesis and the economic case for state-led industrialization changed the world and guided economic policy across the global South. As the head of two UN bodies the Economic Commission for Latin America and the Caribbean (ECLAC) and later the United Nations Conference on Trade and Development (UNCTAD) he was at the frontline of key NorthSouth political struggles for a fairer global distribution of wealth and the regulation of transnational corporations.
Prebisch increasingly came to view political power, not just economic capabilities, as pivotal to shaping the institutions and rules of the world economy. This book contextualizes his ideas, exploring how they were used and their relevance to contemporary issues. The neoliberal turn in economics in North America, Western Europe and across the global South led to an active discrediting of Prebischs theories and this volume offers an important corrective, reintroducing current and future generations of scholars and students to this important body of work and allowing a richer understanding of past and ongoing political struggles.
Matias E. Margulis is Lecturer in Political Economy at the University of Stirling, UK. A former Canadian delegate to the WTO, OECD and United Nations agencies, his research focuses on global governance, international trade and human rights. Recent publications include Canada at the G8 and UN Committee on World Food Security: forum-shifting in global food security governance (Canadian Foreign Policy Journal, 2015), Trading Out of the Global Food Crisis? The WTO and the Geopolitics of Food Security (Geopolitics, 2014) and Land Grabbing and Global Governance (2014, edited with Nora McKeon and Saturnino Borras, Jr.).
RIPE Series in Global Political Economy
Series Editors: James Brassett (University of Warwick, UK), Eleni Tsingou (Copenhagen Business School, Denmark), Susanne Soederberg (Queens University, Canada) and Jacqueline Best (University of Ottawa, Canada)
The RIPE Series published by Routledge is an essential forum for cutting-edge scholarship in International Political Economy. The series brings together new and established scholars working in critical, cultural and constructivist political economy. Books in the RIPE Series typically combine an innovative contribution to theoretical debates with rigorous empirical analysis.
The RIPE Series seeks to cultivate:
Field-defining theoretical advances in International Political Economy
Novel treatments of key issue areas, both historical and contemporary, such as global finance, trade, and production
Analyses that explore the political economic dimensions of relatively neglected topics, such as the environment, gender relations and migration
Accessible work that will inspire advanced undergraduates and graduate students in International Political Economy.
The RIPE Series in Global Political Economy aims to address the needs of students and teachers.
For a full list of titles in this series, please visit "www.routledge.com/RIPESeries-in-Global-Political-Economy/book-series/RIPE
Culture, Political Economy and Civilization in a Multipolar World Order
The Case of Russia
Ray Silvius
Gendered States of Punishment and Welfare
Feminist Political Economy, Primitive Accumulation and the Law
Adrienne Roberts
Corporate Human Rights Violations
Global Prospects for Legal Action
Stfanie Khoury and David Whyte
The Global Political Economy of Ral Prebisch
Edited by Matias E. Margulis
Critical Methods in Political and Cultural Economy
Johnna Montgomerie
First published 2017
by Routledge
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British Library Cataloguing in Publication Data
A catalogue record for this book is available from the British Library
Library of Congress Cataloging in Publication Data
Names: Margulis, Matias, editor.
Title: The global political economy of Ral Prebisch / edited by Matias Margulis.
Description: Abingdon, Oxon ; New York, NY : Routledge, 2017. | Series: RIPE series in global political economy | Includes bibliographical references and index.
Identifiers: LCCN 2016043500| ISBN 9781138219779 (hardback) |
ISBN 9781315414614 (e-book)
Subjects: LCSH: Prebisch, Ral. | Development economics. | Economic development. | International economic relations.
Classification: LCC HD75.P72 G56 2017 | DDC 337.01--dc23
LC record available at https://lccn.loc.gov/2016043500
ISBN: 978-1-138-21977-9 (hbk)
ISBN: 978-1-315-41461-4 (ebk)
Typeset in Times New Roman
by Sunrise Setting Ltd, Paignton, UK
Contents
MATIAS E. MARGULIS
PART I
Prebisch as architect and theorist of the global political economy
P. SAI-WING HO
ANDRS RIVAROLA PUNTIGLIANO
JOS BRICEO RUIZ
ERIC HELLEINER
PART II
Power and resistance in the global political economy
ROBIN BROAD AND ZAHARA HECKSCHER
ERIN HANNAH AND JAMES SCOTT
ROBERT H. WADE
PART III
Diagnosing structural change in the global political economy
KRISTEN HOPEWELL
ESTEBAN PREZ CALDENTEY AND MATAS VERNENGO
RAPHAEL KAPLINSKY AND MASUMA FAROOKI