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Revisiting Prebisch and Singer: beyond the declining terms of trade thesis and on to technological capability development

P. Sai-wing Ho.

in Cambridge Journal of Economics

July 2012; p ublished online April 2012 .

Journal Article. Subjects: Individual Economists; International Economics; Economic Development. 15573 words.

Rather than the thesis of a secular decline in the commodity terms of trade, Prebisch and Singer were more concerned with the income terms of trade. Consequently, they advocated (moderate)...

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The world improvement plans of Fritz Schumacher

John Toye.

in Cambridge Journal of Economics

March 2012; p ublished online December 2011 .

Journal Article. Subjects: International Trade; Individual Economists; Economic Development. 8991 words.

This article approaches the centenary of the birth of E. F. (‘Fritz’) Schumacher with a contemporary question in mind. How do academic economists create an impact with their work and how...

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