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Structuralist economics
[1] The alleged declining terms of trade of the developing countries, the Singer–Prebisch hypothesis, played a key role in this. [2] Dutt and Ros [3] argue that structuralist economists try to ...
Terms of Trade (TOT)
The Prebisch-Singer hypothesis states that some emerging markets and developing countries have experienced declining TOTs because of a generalized decline in the price of commodities relative ...
German Terms of Trade in The Last Decade
The Prebisch-Singer hypothesis of long-run deterioration in the terms of trade for developing countries could - if true - imply that a part of the increase in West Germany's terms of trade is caused ...
“The Natural Resource Curse: A Survey”
They are: 1. Allegedly adverse long-term trends in world commodity prices (the Prebisch-Singer hypothesis, as opposed to Malthus, Hotelling, and the “peak oil hypothesis”). 2. Volatility in world ...
“The Natural Resource Curse: A Survey”
They are: 1. Allegedly adverse long-term trends in world commodity prices (the Prebisch-Singer hypothesis, as opposed to Malthus, Hotelling, and the “peak oil hypothesis”). 2. Volatility in world ...
Is trade good for development? The elusive question
One of the first explanations proposed was called the Prebisch-Singer hypothesis. The theoretical reason is that the countries that export natural commodities would be tied to a dynamic of low-growth, ...
Equity and Efficiency in Economic Development: Essays in Honour of Benjamin Higgins
The ideological foundations of the contributors range from personalized neo-Marxism, through "extreme centre" neo-Keynesianism, to hard-line neoclassical mathematical economics. Despite this diversity ...