Episode #2
Season 9 - Episode 2 - Raul Prebisch
Jun 2, 20261h 20mS9
<p>How do countries grow and develop most rapidly? Most economists would argue that openness to trade is an absolutely key factor, with specialisation leading to greater living standards for all. What happens though if your specialism is in something that doesn’t earn enough to buy you the imports that you need? In other words are some specialisms superior? Could this lead to an unhealthy dependency on other countries? These challenges to conventional thought were raised by the Argentinian economist Raul Prebisch in the early 20th century. In this second episode of Season 9, your friendly neighbourhood economists Pete and Ga...
