Peripheral Visions of Economic Development

Mario Garcia-Molina is Professor of Economics at the Universidad Nacional de Colombia, ColombiaHans-Michael Trautwein is Professor of International Economics at the University of Oldenburg, Germany

'...the sequential reading of all the chapters of the book produces a solid perspective. This seems to be due in particular to how the different perspectives relate to the broad theme of economic development. This debate gains in density and complexity throughout the chapters, exceeding the specific perspective of the field of development economics, as it emerged in the postwar period, and taking economic development as a perennial and cross-cutting issue in economic thought. In this regard, the book is no doubt an important contribution to the debate on economic development in connection with a perspective on the history of economic thought.'Alexandre Mendes Cunha, Universidade Federal de Minas Gerais, Journal of the History of Economic Thought

• 1. Introduction Mario Garcia-Molina and Hans-Michael Trautwein Part I: Core and periphery 2. Core and periphery in the early cold war: a historical analysis of development theory Natália Bracarense 3. Anarchic accumulation, un-effective demand and institutional constraints: Oskar Lange’s critique of capitalist dynamics in the core and the periphery Roberto Lampa 4. Development economics today: insights from Hirschman and Furtado Davide Gualerzi and Alan Cibils 5. Classical thought from the periphery: Homero Cuevas on non-basic goods and the standard commodity Mario Garcia-Molina and Julián Libreros Part II: Productive structures and external trade 6. Free trade and protectionism in primary export economies Pier Luigi Porta 7. CEPAL and the balance of payments constraint in the 1950s Mauro Boianovsky and Ricardo Solís 8. The unbalanced productive structure: a reconstruction of Marcelo Diamand’s contributions to economic theory Ariel Dvoskin and Germán Feldman 9. A reinterpretation of the ‘unbalanced productive structures’ Eduardo Crespo and Andrés Lazzarini Part III: Money and finance 10. 19th century monetary utopias in Latin-America: the influence of French liberalism on the Colombian free banking experiment Andrés Álvarez 11. Distributive conflict and monetary institutions in peripheral economies: the Argentine experience with the Exchange Office of 1867 Germán Feldman 12. The Gold-Exchange Standard in practice: banking devices and international monetary relations, 1890 – 1914 Eugenia Dinivitzer 13. The BIS and the Latin American debt crisis of the 1980s Piet Clement and Ivo Maes Part IV: Geography and institutions 14. Trade and colonization: the development of economic thought about two types of transnational governance Hans Michael Trautwein 15. Struggling for institutional change Merchant guilds, transimperial entangled economic policies, and Spanish backwardness: Havana in Atlantic perspective, 1792. Jesús Bohórquez 16. The teaching of political economy, circulation of ideas and economic performance: a review of the Colombian experience in the 19th century Claudia Milena Pico 17. Path dependence and interdependence in institutions: the Nigerian case David Fadiran and Mare Sarr