Margerita fajardo is a historian at sarah lawrence, college and the author of the world that latin and america created. She says there were two fundamental initial insights that shaped sepa. And they were first developed by its long time lea argentine economist, raoul prebish. The centre an peripery refell irs exactly to that inequality. It would go on to shape dependency theory and world systems theory.
Historian Margarita Fajardo on her book The World That Latin America Created: The United Nations Economic Commission for Latin America in the Development Era. Fajardo discusses the Latin American economists at the Economic Commission for Latin America and the Caribbean (CEPAL) who conceptualized the division of the global economy between center and periphery, and how that later gave rise to dependency theory and world systems theory. Plus Cuban Revolution and the Alliance for Progress, Allende's democratic road to socialism and right-wing coups in Chile and Brazil—and more.
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