The Influence of Raul Prebish on Economic Policy Making in Argentina

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     THE NFLUENCEOF

     RAULPREBSCHON

     ECONOMCPOLCYMAKNG

      NARGENTNA 19501962*

     K h r yn S kknk

     U nv r y o f M nn o

     S m og 6 y m c r c 6d ur m n p or

     h b r pr c on d o n du r c 6n p r

      Am rc L n m no n m p E p v

     v n nub En o f o no h b

      u d do d d C EP AL n A rg n n

    ZPor qu ? Yo no uv qu n p no

      p r o v p or opo c 6n m T v

     R u P r b c h

     n r v w 2 3 Oc o b r 1 9 85

      n m uc h of L n A m r c d ur n g h 1 95 0 R u P r b c h h n

      Ex c u v S c r r y of h C om o n Ec on om c p r A m r c L n

      CE PA L k n ow n n E n g h h E co no m c C omm o n fo r L n

     A m r c o r ECL A w r c og n d p rog r v n d nn ov v

     d v o pm n h or n dp o cy c v n c r n gov r nm n c r c

      n h Un d S m nwh h w v w dw h u pc on

      f c r c o f n d rd c o no m c w d om Y n h h om c o un r y of

     A rg n n d ur n g h m p r od P r b c h w c o mm on y d n f d

    w h b o h c on r v v g ro up n d b r c on om c h o ug h 1

     Th p r d ox of Pr b c h m u p p ub c m g u nd r n h

     wy h n w d n vr m n n ng m n ng n ng T h

     *Th r c w wr n wh w v ng f ow h Y C n r for n rn o n

      nd A r S u d n 1 98 6 87 d r w o n r r ch c on du c d n A rg n n n d Ch

     w hc hw d by g r n fr om h Jo n C om m on L n Am r c o f h S oc

      Sc n c R r ch C ou nc n d h A m r c n C ou nc o f L r n d So c w h f u nd

    p ro v d d by h F or d Fo un d o n h H w F ou nd o n h N o n E n do wm n f or

    h H um n n d h A nd r wW M on Fou nd on n d g r n f rom h D oh r y

      Found on w h o h nk h m h C n ro d E u d o d E do y Soc d d

     C ED ES p c y M rc o C v r o n dC n S mu ov f or h r h p d ur ng m y

     r rc h n Arg n n o w h o h nk A b r 0 H r c hm n M r g r K c k A br

     h m L ow n h J o p h Gr un w d n d D v d Po c k fo r h r c o mm n o n n r r

    v r on of h r c pr n d h L n Am rc n Sud A o c o n n rn on

     C on gr n B o o n n O c o b r 1 9 86

     91

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      L n A m r c nR r ch R v w

     m n n g n d c c p n c o f n w d d r v n o o ny f ro m h r c o n

    n b u from h n u r of h po c nd d o og c c on x n o

    wh ch h y r n r od uc d n d fr om h p o c nd p r on h o r

     o f h o w ho n r o d uc h m T h c on om c p o c y c on n o f m n y o f

     P r b c h n d CE PA L d n d r co mm n d o n d d n o d f f r u b

      n y fr om h of h c ono mc p o c o f h P r on n dF ro nd

      ov rnm n 2 Y h m n ng h h d cqu rd w h n h

     A rg n n p o c c on x d ff r d con d r b y b c u h v r o u

     g ro up n A rg n n h r n g pr o n du r o n n d d v o pm n

    d w r o f n b r po c oppon n Th ory of Pr b c h n f u

      nc n d c k of n f u nc n Arg n n r v g oo dd b ou h

    ro h d c n um n d vd d nd conf c r dd n oc y

     C EPAL d w r nf u n n Arg n n h n n n um

    b r of o h r cou n r n L n Am r c n r c n w or k C o F ur d o

      rgu h CEPAL d ch v d h mo nf u nc n Ch nd

    Br m w h n hu m n C nr A m rc nd h C r bb n b u

    n oy d n fu n c n A rg n n M x co P r u n d Co om b 3

    Wh po b o d ngu h h nf unc o f h d of CEPAL

     n d Pr b c h fr om h n fu n c of Pr b c h n n d v du h wo

    d m n o n w r o f n m r g d n pr c c Th u Fu r do po n ou h

      m mu o p d A m rc L n m g md n u cJo CEPAL

     ndo d fr nc v d d Pr b ch H rgu h h u on w

     p r cu r y h c n Arg n n wh r P rb c h n g v m g d ur

    n g h P r on g ov r nm n m d h n fu nc o f CE PA L d 4 Th

     c ur r n S c r r o E c u v o o f C EP AL A r g n n N or b r o G o n

      o o c C EP AL U c kof n f u nc n Ar g n n w h P r b c h

     p o c m g n h ho m cou n ry 5

      d ff cu o r bu h v r yn gd g r o f n f u nc n d

    p n r on of CEPAL d n h r g on o y o h corr c n of

    C EP AL c on om c d g no n r on o h v r o u c on om O n

     mu o ook h p o c nd d o og c c ond on n h v r ou

     c ou n r h n f u nc d h c c p n c n d no n cc p n c o f CE PA L

    d 6 Th r c w x mn h po c nd d oog c f cor h

     m d h n fu n c of CE PA L n d Pr b c h d n Ar g n n d ur

    n g h 1 95 0 n d r y 1 96 0

    PREBSCHSBACKGROUNDNARGENTNA FROMESTABLSHMENTTOEXLE

      n d r n d ng w h h p p n d n h 1 95 0 r q u r g o n g b ck

    b r f y o h p r od b w n 1 9 22 n d 1 94 3 wh n P r b c h w

    p rom n gy ou ng c on om n d m m b r of h A rg n n b h

    m n D ur ng h 19 20 P rb c h com p d m r n c on om c

      n db g n o c h h U n v r d d d B u no A r F or n um b r

    of y r h w mp oy d by h Soc d d Rur Arg n n h b on

     92

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      PREBSCHS NFLUENCE NARGENTNA

     o f h ndho dng n Arg n n L r n c onom c d v or o

      h c on r v v A r g n n g ov r nm n o f G n r J o U r bu ru

     Pr b ch propo d h c n r b n k b cr d nd h v n u y

      rv d D r c or G n r of h B nc oC n r d R pu b c A r g n

      n f o r g h y r 1 93 5 19 43 D ur n g h p r o d P r b c h w c

      v y n vo vd n h n g o on w h Br n h r u d n h c on

    r ov r R oc R u nc m n P c w h ch h c om mo ny b n p r c v d

     d d vn g ou o Arg n n n r A of h c v cr d

      r o ng p ub c p r c p o n of P r b c h n A rg n n p o c n d c o

     nom c crc n n dv du d o r d o n c on r v v ndho d

      n g n r

    A h m m how v r n h r rch ch ng nd work

      h B nc oC n r P r b ch w g r pp n g n n on r d on m n

    n r w h om o f h c on om c d m m o f h r B y19 34 h h d

      b gu n o nc ud n h r c nd c ur conc rn h h r n cor

     p or d n o h h o ry o f d c n n g r m o f r d B y 19 42 h B n co

    C n r u nd r Pr b c h n fu n c b g n o d vo c p ro n du r

      on po c 7 Pr b c hn v r h r m n d n m ny w y n

      n y con r v v m n d rwn by v n nd h n y c m nd o

     p rop o o m m u nor h od ox h o r nd p o c D ur n g r n

      d pr o nm un d n oob n q u yo h b d ou nn oc c o m d

    cu n d qu fr n cr r n c r o ndu r r Y oh c

     c on u n c ru pu o d c o nc n c p or qu o do m d r n c on r

     r P ro n d o h cho n n n d dd cr d qu no

      hb o r d D pu mp or r 8

      A ho ug h h g r m of Pr b c h r h o r b g n o m n f

      f n h h nk ng n d wr n g n h 1 93 0 n d 194 0 h p r c c

      dm nd o fh work h B n co C n r ow d m f or h o r

      ng w no u n h f h b nk n 1943 h h d d c d h m f o

    h r f c on h p rm d hm o bor fu y h h or h

     w ou d r m k h m f mo u 9

     P r b ch w r m ov d fr om h p o on h B n co C n r n

    1 94 3 n d fr om h c h r h u n v r y n 1 94 8 Du r ng h P r on

     g ov r nm n h w o x c ud d fro mo ff c p o p r hp b

     c u of h o ng n dc o oc on w h h n on r d o n c o

     n om c 0 H w c on q u n y f r o go o S n g o n 194 8

     w h nh w nv d o wr p c conom c rpor o nL n

      Am r c f or h n w y f o rm d C o m o n E c on om c p r A m r c

     L n CE PAL H ub q u n y b c m Ex cu v S cr ry

      Pr b c h no n h r m n d b r o w rd h P ro n g ov r nm n

     f or b ru p y d m n gh m fr om h p o on d m n n g h c o

     n om c m h h h d mb d h B nco C nr nd r vr ng

      o m o f h p o c h h d c h m p on d 1 1

     N o v d nc nd c h P r b ch h d n y g n f c n n f u nc

     93

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      L n A m r c n R r ch R v w

     o n h c on om c p o c o f h P r on g ov r nm n T ho p o c

      w r w n p c b y h m P r b ch pub h d h m o mp or n

      wo rk f o r CE PA L H c o n n u d o c h h U n v r d d d B u n o

     A r un 1948 nd n h c p c y h r n d o m n fu nc o n

      h nd fu o f c on om c u d n 1 2 Bu h c ur r cu u m o f h S ch oo o f

      Ec ono mc o f h u n v r y h m h d n o y n cor por d n w

      r or p pro ch o c onom c nd r u Pr b c h con r

    b u o n fo un d no n u o n u pp or 1 3

    THEPREBSCHPLANANDTHEREVOLUCONL BERTADORA

      w no u n f r h f of P ron h Pr b c h g n b c m

     n v o v d n c on om c p o c y m k ng n h c ou n ry H r n r d h

      po c y m k n g r n b y w r n g h c o n ro v r P r b c h P n f or h

      m r yg ov r nm n h r p c d P r on h o c d R vo uc on

     L b r d or 1 4

    G n r E du r do Lon rd d r of h m ov m n h o v r

      h r w P r on n d f r h d o f h R v o uc o n Lb r d or o ok o v r h

     g ov r nm n u nd r h o g n N v n c d or n v n c do H n

      y c on c or yp o o n o w rd P ron b or d r n dc d n

      m p o r n g r P ron n oArg n n p o c f O n k y

    o n o f Lo n rd p ro gr m w r b h n g c on om c c on f d nc n d

     d v o pm n

      n r y Oc o b r of 1 95 5 G n r L on r d k d P r b c h o r

      u rn o A rg n n p c conom c dv o r o h p r d n nd o

     p r p r h c on om c p n o f h R v o uc o n L b r d or P r b c h

     mp cc b n c u c r dn nd h or c w h h Arg n n

      b hm n m d h m n d c nd d n h y of nf un

     Arg n n Pr b ch r qu d hr mon h v o f b nc

      fr om C EP AL o u n d r k h k

     A w r h n o r o u c on om c p n c o u d b w r n o n u ch

    h or n o c P r b ch d op d d u r g y H c onv nc d Lo nr d o

    n v C EP AL m on o A rg n n o c rr you n n d p h u dy of

      h A rg n n c on om y S mu n o u y h p r p r d n d o o k r p on

      b y f or d g n o n d h or r m c on om c p ro gr m T hu w h

     P r b ch dr w on h x p r of h C EP AL m o n h h d r d y

      g un w or k on h c ou n ry u dy n B u n o A r h P r b c h P n

     w n o C EP AL d o cu m n 1 5

      Wh common y c d h Pr b c hP n w c u y co c

      o n of h r p r d oc um n p r p r d b y Pr b c h f or h p ro v

      o n g o v r nm n d ur n g 1 95 5 n d r y 1 9 56 1 6 Lo n r d u rg d

    P r b c h o p ro du c h n w c o no m c pr og r m q u ck y p o b

     B y Oc ob r c r c y h r w k f r L on rd k d hm o p r

    p r h p n P rb ch pr n d h n conc u on n pr m

     94

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      PREBSCHS NFLUENCE NARGENTNA

     n ry r por A f w w k r m ry c or h w r u nh ppy w h

      h g ov r nm n or n o nr qu d h L on rd r g n G n r

      P dr o Eu g n o Ar m bu ru u m d h p r d n cy n d m m d y

    d op d m or p un v p o on o w rd h P ro n H oo kc on r o

    o f h C on f d rc on G n r d T r b o C GT d o v d h P r on

    p r y nd r pr d p r y n d un on m mb r A rm bu ru o k d

     P r b ch o r m n n d v o r o h g o v rn m n U nd r h A rm

    b ur ug ov r nm n P r b ch pr p r d n d pr n d h w op r

     o f h c on om c p r og r m T h u P r b c h n d CE P AL b y o c o n

     b c m d n f d w h h hr r por nd h d o ogy of h

     R vo uc 6n L b r d or on g w h v ru n n P r on m

     A r pd r d ng of h hr r por r v o conn c

      h r c o n n w h h P r b c h of C EP AL f m A n o p o n n h

     r p or d d h u h or m k r f r n c o h r n ow n dc g or o f

     c n r n d p r ph r y o h p rob m of d c n ng r m of r d or o

    h n d for r g on n g r o n On y h nd of h f n r p or d d

     h m k p n g r f r n c o h n d f or p n n n g n d pr og r mm n g

     c o no m c d v o pm n w h ch w ou d b b d o n h C EP AL c o un r y

      u dy b n g p r p r d A h ou gh c on c rn f or n d u r o n p r

     v d d h r p or w o f n r g d o h b c kg rou nd wh p rob

      m o f n f o n g r c u u r p r od uc o n n d x po r o ok p r c d n c

    Th d ff r nc d Pr b ch c r c o c m h h cono

    m u ff r d fr om Dr J k y n dM r Hy d c om p x w h w o

    comp y d ff r n p r on on h C EP AL h o r nd h

    o h r m k n g r co mm n d o n f or p o c y n Ar g n n T h m o r

     n ow n d cr c m o f h P r b c h P n A r u ro J u r c h E P n

    P rb c h r orno co on rg ud h h d ff r nc w r o gr

      h h p n h d no c u y b n w r n by P rb c h bu b y g rou p

      of x p r o c d w h h o ur n E c on om c S ur v y n c u d ng

     R od o fo K R ob r o A m n n d Ad b r o K r g r V n 1 7

     J u r c h u pp or d h r gu m n b y p on n g o u d c r p n c b

    w n h p n n d o h r wo rk b y Pr b c h n d by u gg n g h

     w m po b f or Pr b c h o h v p r p r d h p n n h h or

     p r od o d hm

      Pr b c h w c cu o m d o m wo rk f ro m h x p r n c

     C EP AL n d h B n c o C n r H c r y r d o n g r ou p of x p r

      n p rp r ng h p n L u pp or x h ow v r f or h r gu m n

      h P r b ch unw n gy g n d d oc um n w r n by o h r h w

     c on r ry o h o wn b f P rb c h w k n ow n m n of n c u

      n g r y w h g r c p c y f or n n w or k W h h b ro d b ck

     g ro un d n d k n ow d g o f h A rg n n c on om y n d h w d r n g

    of d h d po n Arg n n nd CEPAL h y cou dh v

     pr p rd h r p or n h m h h d d f or h p ro c Y

      Pr b c h c n b c r c d f or f n g o c om pr h n d h c h ng d n u r

     95

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      L n A m r c n R rc hR v w

    of po c nd c onom c d b n Arg n n n h po P ron p

      r od f o r x c v r n c o n fo rm r c o g u f or n f or m o n n d

     d n d fo r no p r ov d n g n y c r p r og r m o m p m n h c o

      nomcr c ommnd o n

      hough Pr b c h mph d h ffor o m n n h r c

      mp r y 18 h n P r on n dp ro R vo uc on L b r d or n

      m n w r v d n n h r p or nd n o hr Pr b ch m n

    h m 1 9Th P r b ch P n d op d dr m c on n d cu ng h

      d p h of h c r c on fr on n g A rg n n n d h r ro r n d n d q u

     c of h P r on c on om c po c y Th p n x h b d g h v nd c

      v n g ru dg ng r fu o r cog n n yo f h u cc of P ron

      p o c or o m o f h r ou p ro b m f c d b y h p

     g ov r nm n n o b y h d r ou gh n d f oo d o f 19 52 n h n h

    p n r pr n d P r b ch word n r p on o h conom c

      po c of h p d c d r h r h n m py n w of po c

     On o h r op c h p n pro w conc chn c nd o

    h p on w h rh o rc n d fw p p o common y h d po

    c g o pp r d h P r b ch f unn c ry o mk rong

      p f or n du r o nor o u f yor c r f yh o wn po o non h

      op c W h h w h gh y cr c o f h h d b n d on w ro ng n

    h p h f d o r cu c r y pow rfu or pp ng rn

      v v on of h Arg n n f u ur B c u P r b ch f d o p r n

    h p n n d r c c on r o bo h h p o c of h P ron gov rn

     m n n d ho of h p r P ro n p r od h op po n n c cu d h m

     o f m p y w n n g o u rn b c k h c o ck n d r u rn o h g o d n g o f

      h v c g ord 20

    A c r fu r d n g of h r por m k c r h P rb c hd d

      no r c o mm n d r u rn o h c on om c p o c o f h 1 9 30 H p r

      n d n w k n d of d v c f or c on n u n g Ar g n n d v o pm n

     w h n h conf n o f h n r n o n c p y m n dw h n h

      m of Ar g n n d om c c on om c ru c ur H p ro po w d

     v opm n w h o m c c ov r on p r cu r y n focu

      on n f o n n d o un d mo n y A rg n n h o r n T u o H p r n

     D on gh h r gu d h h P r b c h P n p ro po d h d v o p m n o f

    mor c omp nd v b ndu r ruc ur nd h on y h p ro

     v nc m of Arg n n p o c cu u r c u d by n y r o f o on

    cou d xp n n rpr ng h p n n mp o r urn o pr

      ndu r r 2 1

     P r b ch r com m nd d h r v p r c b r v r d o f v or

      g r cu u r p ro du c r n o r d r o x p nd x p or n d h u g n r h

     f o r g n x ch n g n c r y fo r c p g oo d m p or o u p po r c on n

    u d n du r on B u n cou nry d o og c y d v d d b w n

      w o do m n n c o no m c do c r n n o n p o pu m n d b r m

      n rm d p c x d for Pr b ch d v o pm n m B

     96

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      PREBSCHS NFLUENCEN ARGENTNA

     c u m o o f h A r mb ur ug ov rn m n b o ng d o h b r

      c ho o of h o ug h n d h p n d v oc d r v r o f pr c f v or n g

      h rur c or w r pd y d n f d b r d ocum n A

    hough h p n con n d ov r y b r m n n n r y w

      v opm n Pr b c hd d no h v wo h o r c p r on

      on CE PAL n d n o h r n Bu n o A r r h r h p o o n on

    Arg n n w y r f c d h m o r d o n op on w h n h

    bound o fh b f P r b c hb v d h CEP AL d w r pp c

     b o h Arg n n u o n Bu h mp d o dp h d o

      x n g co nd o n n A r g n n n o rd r o c ou n r b n c w h h

      con d r d h m k o f h P r on g ov r nm n

     T h Pr b c h P n c m d h A rg n n w f c ng h w or

    c on om c d v o pm n c r of h or y Pr b c h d g no d h A r

     g n n c on om c cr on o f pr od uc o n r n g h p r c p

      n co m h d n c r d b y on y 3 5 p rc n n h p r v ou d c d T h

    p rm r yob c o gr ow h w h r ou f or g n x ch ng h or g

    wh ch h d b n p ro vok d by v r f c or f r d nc n v f or

      c h n c p r og r n d pr od uc o n n g r cu u r h d d o d c n n g

     p ro du c o n n d x p or w h ch h m p r d A r g n n c p c y o m p or

     n c r yc p g ood c on d h or g h d po c y of m po r u b

      u o nh d f d o d v o p h n c ry b c n du r uch

    nd ch m c nd h r d f u r o mu h n on p roduc o nof

    p r o um h d r u d n x c v f or g n o m por n d d o n

     P rb ch n g d ou n f on nd x c v n r vn on ob

    c o Arg n n d v opm n

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     m ur o d w h h hor rm c onom c u on nd of

      o ng r r m r c omm n d o n o g u d h o ng o ng c on om c p r og r m

     o f h g o v rn m n T h h or r m r co mm n d o n w r h m o

      r d o n rg d v u on of h p o o prov d p rc nc n v

    f or g r cu u r x po r b r o nof h f or g n x ch ng m r k

     fr on r nd w g nd n xp n on of for g n o n o b

      f c d by o n ng h n r n on M on ry F und n d h W or d

     B nk T h o ng r r mr c om m nd o n c d for v r p

      ng up p rog r m o c hn fy h g rc u ur c or b h ng

     m c h nc n gn r n g p p r n d pu p p r oc h mc n db c

     c h mc n du r n cr n g ff c n cy n d m n g m n o f h r

     r o d n cr n g p r o u m pro du c on nd x p n dn g c r c

    c p c y E v n u y Pr b c h d voc d d op n g d v o pm n p ro

    g r m b d o n h n d p h C EP AL u dy n d p ro gr m m ng c h

     n qu o p n o ng r ng c p nv m n

     T h p n w no b for wh om d for wh r com

     m n d d A n o po n d d P r b c h m n o n h n d f or g r r n r

    f or mor r r r ng m n o f n d n u r p r n N or d d h d c u d

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      L n A m r c nR rc hR v w

     c n n g r m of r d h p c f c pr ob m of p r ph r c on om or

      h p ro b m oc d w h r n c on fo r gn c p

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      n p ub c o p non T h P r b ch P n r d o w k m dd n n

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      nv m n n h p r o u m c or n d r r o d b u d vo c n g for g n

    o n n o h r c d r P rb c h rgu d for n cr d g rcu u r

      x po r r h r h n f or g n n v m n h p r m ry m n o f x

    p n d ng c p g oo d m p or

     REACTONSTOTHEPREBSCHPLAN

      To h p g m h n w c on om c p n h g ov r nm n c r

      d h C om o n A o r H on or r d E c on om y F n n n J n u

      r y 19 56 c o mp r d o f c d r p r n v f ro m n du r y g r c u

      ur nd bor L d by Dr Ad b r o Kr g r V n cr ry

      h c o mm o n n do r d h p n w h o n y m no r qu f c o n u ch

      h r comm nd on h p c nc n v b o ff r d o pr v n

      r pr nd n v o r n r o h r h n g rcu u r 22

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     Soc d dRur A rg n n d o r d n An f r h r of

      h p r m n r y Pr b c h P n E m o m n o p ro p c o o u gu r o

      on f c y o h om br n p r n con f n p r mo p u q u

      op or un d d n qu cump n p r con d g n d

      c mp o 2 3 Th r o p m m w n o m p c d A n u mb r o f So c

     d d Rur d r nd mov d o po on n h f d r g ov rn

     m n n d n h p ro v nc o f B u no A r T h p ro v o n g ov r n

    m n n d d o n o d v u ng h p o r pond d o o m o f h

    d r d m nd o f h S oc d d Rur 2 4 Bu h r ur c or cr c d

     o h r g ov r nm n p o c u ch 2 5 p rc n x o n fo r g n x ch n g

     r c om m nd d b y Pr b c h o o f n h n f o n ry m p c o f h r u r

      c o r x ch n g w n df 2 5

      h n du r r c on o h n w c onom c p n w m or

     m x d A r mb ur uh d d o v d h m nd m d um d bu n

      o c o n cr d b y h P r on g ov r nm n h C o nf d r c o n G

     n r E co no mc C GE n dh d r u rr c d n p c h o d U non

      n du r A rg n n U A h r d on r on gh od of rg n du r

      onc rn h o r pr n v of ndu r n r Th h d o f

      m b u n h ro ug ho u h c ou n ry h b c kb on o f h C GE

     w r u nh p py ov r o n g h r or gn on n d b v d h h r

      n r w r n o b ng k n n o c cou n d q u y by h n w c o

    n om c p o cy 2 6 Th U A u pp or d h g o v rn m n h h d u p r

      v d r b r h by n do r ng m ny of h p o c o f h P r b c h P n

     n c u d ng m ph o n x p nd n g n r gy p ro du c o n x n d ng m

     98

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      PREBSCHS NFLUENCE NARGENTNA

     p or u b u o n of b c n du r n pu o p nn g h c ono my o

     mor n rn on c p b ng h m on ry y m n d rorg

     n n g h b n k ng c o r 27

      Du rn g h R v o uc on L b r d or h r d on p o c p r

      w r g r ou p d n o h J u n C on u v w h r h y c ou d x

      pr op n on o n po c nd c on om c u b u w h ou x r c n g

    ny pow r ov r wh d c o n w r k n B c u h P r on w r

      xc ud d h m o mpor n po c p r y n h u n w h U n6n

      v c R d c h U CR o r h R d c

    R p r n n g mu ch of m dd c o pn on h R d c m ov d

      u ck y o d v op po on v v h P r b ch P n T h p r y

     p r d n A r ur o Fr on d r c v d c om m n o n h p n p r p r d b y

      w o R d c c on om A d o F rr r n d N or b r o Go n F r r r

      n c om m n w r u rp r n g yp o v ow rd h p n u nd r co r

    ng m por n m r of h Pr b c hP n n d h R d c conom c

     prog rm N v r h F rr r n g d ou hr r wh r h co

     n om c d oc r n o f R d c m d v r g d u b n y f ro m h P r b c h

    P n p rop o f or g n n v m n g r r n r for m n d u b d f or

    p op u r co nu mp o n n p of h d ff r n c w h h r p or F r rr

      dm d E n form n u n g n r bu no yc b poc

     d ud d q u pr ov oc r c or o p o r c v c 6n d d r ro o c o

     n 6m c o n c o n 2 8

      v n u y F r r r p r p r d o ng r d oc um n f or h U CR h

    n co rp or d m ny of h r r po n b u n m or h r py cr c

     o n F ron d n c op o f h r p or f or com m n o w d r n g

     of n dv du bo h n d nd ou d h p r y P rh p m o n r

      ng of h r p on r h h n dw r n m rg n c om m n o f R u

    Sc br n Or r nown d n o n n c u f orm r y conn c d

    o FO RJ A Fu r d O r n c 6n R d c d Ju v n ud Arg n n n d

      r d n f d w h h P ron p r y E p br pr m n r

      n n d f c o d d r por c r o pr m fund m n d P r b ch

    qu p b n do d f nc o cu n o c r o E

     ob vo d P n Pr b ch d cr d Gr n Br f d m n r

      ndu r d r p n do d 1935 P g r Sc b rn

    Or conc ud No v p n gu r y ndo E qu cr b6 o

      u n g n b r n c o d m u d o 29

     T h comm n po n o ch m h w b g nn ng o w d n

      n h R d c p r y g n r d p r y by p r on nd p r y by

     p o cy d f f r nc b w n F r on d n d h y o un g r fo o w r n d h

      r d o n d r of h p r y R c r do B b n B o h Fr on d n dB b n

     c m f rom h m o r y f c o n w h n h p r y kn ow n h n r n

    g n h M ov m n o d n r n g n c y R n ov c 6n b u F ro nd

      n dh f o ow r b v d h h y o od fo r h n w m od r n n

     d ncy w h n h p r y T h B b n rgu d h h p r y h ou d

     99

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      L n A m r c n R r ch R v w

    u pp or h R v o u c on L b r d or n d h r f or d op d m or c o n

    c o ry n c o w rd h c on om c po c of h g ov r nm n 3 0

    M n wh F ro nd w r yn g o pr om o h w ng of h p r y

      h p r m r y op po o n o h m r y go v rn m n C o n r ry o h

     B b n n h rgu d h h P r on h d o b r n corpor d n o

      h po c y m Th d ff rnc v n u y d o form p n

    h p r y d ur ng h 1 95 7 c or c m p gn 31 n o rd r o d f h r

      fo rm r p r y m mb r n h c o n F ro nd n dh d v or d

     c d d o p p o P ro n v o r w ho ow np r y w p roh b d

    f rom p r c p n g n h c o n F ron d c on c w h p ro P ro n

      n c u k R u Sc br n Or nd Ar uro J ur c h w r p r o f

    h r p proch m n w h P ron m F r rr n y w oo m nd

    c n r fo r h n w o pp o on ro h F ro nd w f org ng H

     n d d m or d yn m c po o n nd mo r n c ou r h o r c o r c

     h P ron nd f vo Frond found pr c on r of h y

      nd o n n Rog o Fr g ro n dh m h m g n Q u

     DESARROLLSMOVERSUSPREB SCH

     A pr m ry mo u hp c o f n P r b ch n m n w h

     w k yn w mg n Qu uc do n d or m py Qu d d

    b y Rog o Fr g r o An d p o no f h T m m g n f or m Qu

     w nov y n Arg n n w h n ppy y nd w d r ng o f

      op c dop d po m c d or y n f vor of m n h m

     of n du r o n nd p ro c o n m n d n op po on o f vo r

      rg B r h n r n Ar g n n h A r mb ur ug ov r nm n n d

     R u P r b c h Q u b ro ug h g ro up o f yo un g n c u n d n du r

      from h f og h r w h x For pro P ron n c u

      k S c b rn O r n dJ ur c h Qu o r c d u pp or f rom

     r gh C h o c n o n who f vor d h m g n pro n du r

      on n

     D u r ng h p r o d b w n 1 95 6 n d 19 58 Q u h r p y cr c d

      h P r b c h P n n d h c on om c p o c y o f h A r m bu ru g o v rn

    m n R f rr ng fr qu n y o Pr b c h h or c n vo v m n w h

     c on r v v g o v rn m n h R o c R un c m n p c h B n co C n r

      n d h S oc d d R u r Q u p or r y d P r b c h h m bo d m n o f

     mon r conom c po cy h r p r n v o f Br h m pr m n

    Arg n n nd h c on of h gro x por 32

    A F rg r o nd h m Qu g r wc o r o F rond nd h

    w ng of h R d c p r y h n g v r c o n o Pr b c h nd h nc

     o C E PA L n g n r w n co rp or d n o h d o c r n o f h F ro nd

      w ng o f h p r y T h m r g r of h o ug h n d po c c o n r

      u n g fr om h u n on o f h F ro nd w ng o f h R d c p r y n d h

     100

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      PREBSCHS NFLUENCE NARGENTNA

     y ou ng n c u u rr ou nd n g Ro g o F r g r o n d Q u m g n d

      o h f or m o n of h d r ro m ov m n n Ar g n n

      Th rm d rro mo o ok on n wpo c m n ng h b

     for h Frond n h r of L n A m rc d rro mo or d n

    v ov m n m o mor g n r c rm m n ng d v op mn m

      wh ch of n oc d w h h d o fCE PA L nd n do r d by

     r n g o f p r n d c on om c g ro up B u n A r g n n d r ro m o

     r f r o o n p c f c po c p r y h Frond wh ch w o f n

      od d w h h d o f Pr b c h n d C EP AL

    Wh yd d h d r ro op po P rb c h n d CE PA L d p

      n um b rof m r b w n h r c on om c d ? By 195 6m ny

     m m b r of h R d c p r y n d h f w ho wo ud r b com

      d r ro h d m p rd h r r r n P ron m Th y bg n o

      dvoc r n gr ng P ron n o Arg n n p o c f nd r u r

    r c n g c r n p c of P ron m w h o u P ron T h f c o n o f h

      R vo u c on L b r d or d n f d w h A r m bu ru o n h o h r d

     r p r n d h x r m v w h on y h d ruc o nof P ron m

     c ou d d o h h hy d v o pm n o f Ar g n n T h d rr o

      nd h b r d or w r d v d dov r h f und m n po c u

     o f wh p o o n h g o v rn m n h ou d k o w rd p o c n co rp o

     r o nof h A rg n n wo rk ng c r p r n d b y h P r on

     pr y

     B c u P r b ch h d wr n p n f or Ar mb ur u h w d n

      f d w h h n P ron po n of v w T h po c con x w h n

      h ch h P r b ch P n w c onc v d n d pp d c on x o fr

    pr on g n h m o r y po c p r y nd h Arg n n w ork ng

     c u nd r nd b y co or d n r pr on o f h p n P r b ch

      hu b c m rg for n on nd d r ro w h ng o ck

    h p o c n d c on om c or d r A n ou d r w h ou o rg n c

      n k o n y po c fo rc h h d v d ou d h c ou n ry for x or

      v n y r h w n r r g h n Ar m bu ru or Ec ono mc M n

      r Eu g no B n co w ho w o c d w h h R d c p r y T h

      n k w h C EP AL m r k of P r b c h f or g n n n d c k o f co n c

    w h Arg n n of n b c m d dv n g o u o P rb c h n h d

     b ov r h p n

     D rr o m o cu h on op po o n o h R v ou co nL b r

      d or w f or g d n n g on m o h c on om c po c of Ar m

    b ur u N o on g r co u d m po r n p o c c p b w o n by o pp o n g

    P ro n Th m o p r ng n d o f po c d f n o n of h m ov m n

    w o d ngu h h d rro from h b r dor nd Pr b ch

     w on ymbo h f c d h d nc on Th f ng d r ro

      co o n of 1 95 8 m p or r y d h A rg n n w or k ng c

     w h c or of h n on ndu r bourg o m dd c or u

     101

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      L n A m r c n R r ch R v w

      dn nd n c u nd w b u o n oppo on o h h

    R v o uc o nL b r d or o od f or p r c u r y c on om c p o cy n d

      p o c o f x c u on

    MPLEMENTATONOFTHEPREBSCHPLAN

     A r of p ro b m c onv r g d o co mp c h m p m n

      o nof h P r b ch P n d f f cu r n gf ro mc on x p roc n d

    pr n on n h p o c con x of h R vo uc on L b r dor co

     nom c po cy o ok b ck o h gh r po c pr or p c y h

     p ro c o f d P r on o n n d h r n g h n ng o f no n P ro n

      r n du non o pr p r f or r n o n o m d d mo cr cy F or

      x mp h v r g r w g n cr d dur ng h p r od nd by

      h nd of 1957 h d r n 8 5 prc n bov h v r g r ry

     dur n gh pr o df r om1 9 50 o 1 9 55 3 3 f Armbur uddn o f gh wg

    ncr v gorou y Pr b ch w h d w b c u h h op d o

    m n n o c r nqu y for h r n on o d mocr c ru Eco

    n om c p o cy m k n g w m p r d by p o c c on c rn f r om h o u

      nd h r gm r n o n u m d d ff cu o und r k

      n y m o r r r uc u r n g of h c on om y

      n h u hor r n ng of h m ry gov rnm n h d c

    on m k ng p roc w n o r uc u r d o p rm n pu f ro m v r y

      of gro up w ho n r w r f f c d b y h p n T h C om on

     A or H on or r d E con om y F n n n d h J un Co nu v

     d b d h p n b u n h r w ru y r pr n v b ody n or d d

      h y h v n y po w r o m k d c o n S c on d P r b c h d d no n

    ur h n d qu proc w up o gu rn fu mp m n

      o n of h r c o mm n d o n

      Th u n o u rp r n g h m n yof h p rov on o f h

     P r b c h P n w r n v r p u n o f f c b y h R v o uc o n Lb r d or

     O h r w r m p m n d bu d d no y d h n c p d r u 34 n

      d d o n m n y o f h o ng r r n g r c o mm n d o n o f h P r b c h

      P n w hch w r m d d v o png n d rv ng b c nd u r

     n v r go o ff h ground P rc y mo d v o pm n p c

      uch h p n f or n r gy r n por nd nd h xp n on of

      h p ro u m ndu r y w r h o n mp m n d 35 Th m n

      ong r mr c om m nd on of h p n h w d op d n dh d g

     n fc n mp c ov r m w h b h mn of h n u oN

      c on d T c n o og A gr op c u r N TA 3 6 N TA w u p o p ro

     m o c hn oog c r r ch n f r mn gm h od n d h d m n on

     o f o u nd f r m n g p r c c 3 7

      Som o f h m ur h w r d op d uch h d v u

      o n d d n o p ro du c h n c p d x p n o n of g r c u u r x po r

      r n ng T h r p on f ro m h g r cu u r c o r p p r d m o d

     102

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      PREBSCHS NFLUENCE NARGENTNA

      h r u nd r cu v on n cr d 10 p rc n b ov h 1 95 55 6 v

      nd on y 3 5p r c n b ov h 1 952 53 v T h r p on r u d

      r g y f ro m n d v r n r n o n u o nf or Arg n n x por 38

    P r b ch h or yof d c n ng rm o f r d w p r f c y q u pp d o

      x p n h d m m n w hc hA rg n n f ou nd f B u P r b ch h d

      f d o m n on h p rob m o f d c n ng rm o f r d n h r p o r

      nd h hu f d o w rn of h po b y h uch d c n c ou d

    c u g n n x por v oum o v p or On y Pr b c h cr c u

    n gh ow n h or c f r m wo rk p o n d o h r m of r d p rob

      m 39 n h n Pr b c h d w r n f u n n n roduc ng

      conc p n o h d b v n f h y w r u d b y h o pp on n o

      ck h p o c y r c omm n d o n

    B y p n n g h c on om c p n or m n h r d f ro m h P r on

      o v rnm n d r k g c y h c on om o f h R v o uc on L b r

    d or h d h o p d o g n u nd r n d ng n d u p po r f or h r o wn f

     for Bu h r on w w y o ng v h h yf d o r cu

      n y c r c on om c p r p c v o f h r o w n4 0 Pr b c h f n o h

     u m c hn oc r r p of b v ng h n c on om c p n c ou d b

     n u r r g rd of h po c con x nd h h w ou d b u dg d

      h u n b d o b r v r wh o co u d n d b ov h v o n c o f p r y

    d p u nd d c chn c o u on w hch wou d b c rr d ou

     w r n H u dg m n n d h o f h p o cy m k r of h R v ou co n

      b r d o r w r f w d W h h r o r no c on om c p o c y m k ng n

     Arg n n n h 1950 w c u y ro um g m w c r n y

    p rc v d uch n u ch n c onomy d v u on m p d r n f r

      f n com o h ru r c o r h gh y po c n dc on ro v r

     po cy

     B c u P r b ch m u nd r o od h c on x nd d b o fA r

     g n n o c y h p n w no p r n d n w y h wou dw n

      h wd po b uppor k y h h u cc of h Pr b ch

     P n w ou d hv b n gr r f con n nd o n h d b n mor k

    h w k no wn C EP AL d oc um n O n o f Pr b c h r ro r w o

      um h h f m h d ng L n Am r c n conom f vor ng

      ndu r on h dr c h d Arg n n nd h u o b v unn c

      ry o r h m por n c of ndu r on n h p n H r

      r cogn d h m n r pr on A d m yo y h b do u n

     m ucho f o d Arg n n Y cu ndo u v qu p r n r n

     f or m g no r b o c or r n d o p no n pu b c r g n n S y o h u

     b r v v do n Arg n n h ub r c n d o o ndu r c on

      mb n P ro m m p r c n obv o Yo cr qu m m

    c onoc n n A rg n n p or o L ndu r c on p r m r

     c omo mor m dr g oqu n o d c c d m om n o 41

     P r b c h c on fr on d d f f cu u o n m n y of h g ov r n

     m n n P ron w r no n ur of h d v opm n

     103

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      L n A m r c n R r ch R v w

      p c of h p n w h ho group m or ymp h c o h

      g n r hr u o f h p n w r p u of fb y h g ov r nm n n

     P r on p o c Th u h p o c c on x n fu n c d cc p n c o r

     n on c c p n c o f h P r b c h P n f r m or h n h d oc um n p r

      n on n d on

     THE NFLUENCEOFTHECEPALSTUDY

      f h f of h P r b ch P n w m x d h r c p o n of h

    p r C EP AL u dy h P rb c h h d urg d L on rd o r qu w

      c r c y mor p o v Th C EPAL m h c m o Arg n n w n

      m pr v m by of CE PA L k nd n w Ar g n n n 4 2 Th

    g ro up p ro du c d h m o x n v u dy o f h A r g n n c on om y

      v r m d T h h r v o um r p or b c m m od f or o h r C EP AL

      coun ry ud nd go d mn o f c f or c d m c U n g h

     p ro c o n c hn qu h n b n g n r od uc d C EP AL h r p or r

     f r n d f ro m c u r c om m nd o n n d n d p ro c d o u co m

    b d on hypo h d v of n v m n nd grow h m p c r c

     o mm n d o n b o un d d h ow v r n f v or o f x p nd d n v m n n

     b c n du r nf r r uc u r n d r n po r on o ng c c CE PA L

      n 43

      h c om p d r por w u rn d ov r o h n w y c d F ro n

    d gov rnm n b u h mpr v udy f b w n h c rck

    d ur n g h c h n g n g ov r nm n f ro m h R v o u c on L b r d or o

      h n w Fro nd g ov r nm n Ro g o F rg r o m n n N o n

      fo rm d C EP AL n o u vo n ng un n f u nc o br p o c q u

    p c m o N qu r r c or d b qu u n n fo rm d or g n hu b

      d op r n d o d oc o rF ro nd S g ur m n r o d u n n n o

    d m on r m o p r n f u r ob r g ob r no 4 4

      Wh yd d u dy of h nd c op p rod uc d b y r g n d

     pr g ou m ch v o mp c o npo c ym k ng ? nBr

     d ur n g h m p r od o n u dy u nd r k n b y CE PA L n d h

    B n co N c o n d o D n vo v m n o E co no m co B ND E o f n c d

      on o f h b o f h K ub c hk go v rnm n r g p rog r m h

      rogr m d M A h c w h ud by n rn o n

    o rg n o n h C E PA L f f co u d no m p m n o r fo o w h ro ug h

     o n h r p or n d r c om m nd on T h m p c o f h r p or h u

    d p n d d on h d g r o wh ch p r u d d po c ym k r n k y

    p o o n n h A rg n n g ov r nm n A f r Fr on d v c or y h A r

     g n n g o v rn m n c ou n r p r o h C EP AL m w r r m ov d

     f rom of fc n dw h h m w n h n u o n m m o ry o f h c

    c om p h m n n d r co mm n d o n o f h C E PA L u dy

    No ng rn v n u on w r cr d c rr r of h

     n wC p d h r n d or ou d h Arg n n h d

     104

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      PREBSCHS NFLUENCE NARGENTNA

    no n o n d v opm n b nk w h p r mn n ff d dBr o

    b c om h n u o n m bod m n n dm m or yf or n w d Su ch

      n n u o nm gh h v g v n gr r con n u y o Pr b c h d 45

    T h m r yg ov r nm n o f h R v ou con L b r d or c r d n u

      on n n d hoc m nn r o g m po c bu g v h m

    dm n r v o r n u o n u onomy Th n u o n of h P ron

      gov rnm n w r d m n d bu n o ng n u on w r

    cr d n h r p c o k r pon b y for c onom c d v op

     m n 4 6Th b n c of n u o n o m p m n p o cy n d gu r

     n d o og c c on n u y f h f n d ng o f h C EP AL r po r n

     vod

     PREBSCHANDTHEFRONDZ ADMNSTRATON

     Ar uro Frond b u u p h m g po c d r n dn

      on n c u w h h 1 954 pu b c on of h b o ok P r o o y po

      c h or c d f n of h n on o m onopo y h r for ur

     pr d h n m w m ny of h uppor r w hn f r

      um n g of f c h d op d n w p o c y of g n ng c on r c w h

    f or g n o c om p n o x p or n d xp o A rg n n p r o u m

     S om m n 1 95 7 F ro nd n d Fr g r o c h ng d h r p o o n on

      ro um po cy p o b y r u of h r n y of h f ur of

      h P r b c h P n T h f u r o f pr v o u c on om c p o c y o x p n d

      x po r r n ng n d h u p ro v d d q u f un d f or n d u r x p n

      o n fu d h b f h h c p ccumu on proc cou d no

    con n u w h ou m o r for g n nc g v n h g rcu u r x

     po r x p n o n hd p p r n y n co un r d r uc u r m h c ou d

     on yb ov rcom ow y m k y h h on w p r y

    r p o n b f or h u rn r ou nd b y Fr on d n d Fr g r o o n h n

    cr d n d for for g n nv m n n g n r nd n h p r o um

      c o r w Th y w r c r y worr d Pr b c hh d b n b y h

      r g p r op or o n of h m po r b r u n g f ro m p r o u mm p or

    p c y n c ou n ry w h r g p o n fo rp ro du cn gp r o u m

     do m c y 47

      r u of Frond brup bou f c o n h u o fp r o

      u m nd fo r gn n v m n h g ov r nm n b c m h r g o f h

     k nd o f c k h F ron d n d Fr g r o hd u cc f u y u d g n

     P r b ch on y f w y r r r Ju h y h dcho n o r m mb r

    on y h P r b ch of h p nd r fu d o r cogn h h P r b ch

     of 19 56 w d ff r n h o r h n h P rb c h of h 19 30 h r

    o pp on n r fu d o b v h h F ro nd o f19 58 w n o ong r

      h F r on d o f P r o o y p o c 4 8

     A h o ug h p p r n y n h r h P r b c h P n n or h C EP AL

      udy w u d b y h d rro n d g nng h r po c h

     105

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      L n A m r c n R rc hR v w

     P rb c hP n con n d mny m r o h p o c h d rro

      d voc d n d v n mor o h p o c h y d op d w h n

     o ff c n m ny m por n r F ron d p o cy w m or m r o h

     P r b ch P n h n o h p o c d voc d by Fr ond p r y on y

      wo y r r r A r kng m r y x d n h mph on h

      n d o x p n d p r o u m p ro du c o n n o rd r o d c r f or g n x

     c h ng b o n c k n h r c on c n r o n on c r n g n d x p nd n g

     b c n du r n d n h r p ro mo n g c hn c d v nc n h ru r

      c o r L k w w h nF ro nd d op d n or h od ox M F b o n

     p rogr m w v w d con n u y w h h p o c of h R v o

      u c o n L b r d or

     Bu mpor n d ff r nc o x d b w n h Pr b c hP n

      n d h F ro nd F r g r o pr og r m W h P r b c h h d m p h d h

    n d o n cr g rc u ur p rod uc o n n d c u r mor b n c dd

      v op m n of h n du r n d gr cu u r c o r h F ron d

    F rg r o pro gr m r d ch n n n g fo r gn n v m n n o b c n

    d u r y D ur n g h F r on d g ov r nm n p o c o w rd f or g n

      nv m n w r m or f v or b h n h o r c om m nd d h r by h

     P r b c h P n o r b y CE P AL n d P r b c h n g n r

     A no h r p o c y d ff r n c b w n P r b c h n d h d r ro

      v ov d r ou nd h u o f r g on n g r o n By h m d 19 50

     C EP AL n d Pr b c h w r d v oc n gr g on n g r o n m n

     o f ov r co mn g h m o f m d om c m rk F ro nd n dF r

    g r o n con r rgu d for mor x n v n on n g r o n

     p ror p o r g o n f for Th P r b c h P n f d d no c f or

    r gon n gr o n bu d rro u d h d vrg nc g n r

      r gum n g n P rb c h nd h d 49

      D p h d ff rnc h m r n h po on of h

     d r ro nd h C p r h m o r k ng To r h

      m r of h conom c progr m no o u gg h h F ron

     d F r g r o pr og r m b or ro w d o r w n f u nc d b y h r r p n

     To h c on r ry F rg r ov h m n y d n d h C p d wh ch

      ch r c r d mon r comm rc nd vo un r h d ny

     n fu nc o n h d rro prog rm L d d CEP AL no

      r c r on n f u n c g un n n u r f o rm c o n 5 0

     A h ou gh Fr g r o n y b d on c on c p of d c n ng

      r m of r d h w c r y d r v d d r c y or n d r c y f ro m

     Pr b ch pp r h on c n k h d rro h r word

    h h r p rog r mw no n fu n c db yC EP AL p r Th v o f

     c u d ffu o n of C p d w m n m b f or 1 956 C EP AL d d

     n o c on du c f r c ou r n A rg n n u n 1 95 8 n d d v o p m n

      d w r n o b n g u gh h S c ho o of E co no m c 51 C on c

     b w n d r ro nd C p w r r pr or o 1956 nd rg y

     conf c u f r h On h r for o b gd o x m n h po b y

     106

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      PREBSCHS NFLUENCE NARGENTNA

     o fp r v ou o nof d v opm n d r h r h n n y k nd of

     d rc C p nf u nc D v opm n d w r n h r n

    Arg n n h m A o n Arg n n c d mc d U n c r

    d oog d rro r comu n o n c u no mr cno d

      n onc Tod r mo d rro n gun m d d 52 Pr b c h

     h m f rgu d Er n d qu b n u rg n do n A mr c L n

    E m r o d CEPAL r d mo r r qu or c m n r c orr c D

     m n r qu y o o y mu y cu d do o n d c r n fu n c d

     C EPAL 5 3

    T h d v o n of h R d c p r y n 195 7 nd n r n f r c ur

     w h n h F ro nd f ur h r r du c d h p o n n fu nc o f

     C EPALndPr b ch o n c o n omcpo cyundr Fr o nd T hgr o up

    w h n h F rond w ng of h R d c p r y mo d n f d w h h

      d o f CE PA L w o f yo un g c on om c on n c d w h A d o

      r r r M n y h d wo rk d w h h C E PA L m o n n A rg n n n d

    w r g n r y y mp h c w h C EP AL v w B f or F ron d oo k

    off c F r r rh d b n fr qu n y m n o nd po b c nd d o

      r v h M n r o f Ec on om c n h F ro nd g ov r nm n F r r r

    nd h m c r n h h ywou db nv d o h p formu co

    n om c p o c y wr o n c o no m c pr og r m h h y b v d w ou d b

    d op d b y h F ro nd g ov r nm n u n w r h n o h r gr ou p co n

     n c d w h R o g o F r g r o w m u n o u y p r p r ng n c on om c

     p n f or F r on d 5 4

     O nc n o ff c F ro nd n m d n h r F r r r no r n y of h o

     c o po c ypo on n h F d r g ov rnm n b c u h h d

      r d y d c d d o m p m n h p n dr wn up b y h F r g r o m 55

    Th u F rr r m h f c o nof Fr on d p r y mo n fu n c d by

     C p d w xc ud d from h f d r g ov rnm n po b y

    b c u m mb r w r no d c p of Fr gr o A h nv on of

     R d c G ov r no r O c r A n d F r r r b c m h M n r o f Ec on om

      c f or h p ro v nc o f B u no A r w h r h f or m d h J un d

      P n f c co n H x o h p rov nc o f Bu n o A r c on q u n y

      m d h r n f or c o no m c po c y m k n g n d fo r m p m n n g

      C p d h n on v 56

     T h n d v du w ho y d o w or k w h h c on om c p o cy o f

      h F rond dm n r on w r h r h o oc d w h Fr g ro

      n d Qu w ho w r h r f or h o o r nd f f r n o C EP AL n d

     P r b c h or o h r R d c n d nd p n d n c on om w h ou x n

    v x po ur o CE PA L d L r n ord r o w n c on fd n c n

    m ry n d ndu r c rc Frond nv d v r n o d b r

      c o no m o o n h g o v rn m n n c ud n g A v ro A o g r y R o

     b r o A m n n d Jo rg W g b

      n A ug u o f 19 61 h F r on d g ov r nm n c r d h C o n o

     N c o n d D r ro o C O NA DE n r p o n o r c om m nd o n

     107

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      L n A m r c n R r ch R v w

    b y h A n c f or P ro gr C ON AD E d d no b c o m n n f u n

    p n n n g n u o n d ur n g h F r on d g ov r nm n h ow v r U n d r

      h g o v r nm n o f Ar u r o 1 96 3 1 96 6 C O N AD E g n d n f u n c

    nd b h d x n v c on c w h CEPAL c o b or ng on m

    o r u d y of h c on om y T h c o b or o n m rk d h h g h p o n o f

    C EP AL n f u n c n A r g n n o d

     CONCLUSONS

    D ur ng h 1 95 0 n d 19 60 n Ar g n n d v o pm n d

     p r d mo n p of h nf u nc o f Ru P r b ch T h po c

     d m of h P r b c hP n c r y mu b p r d from h qu

      o nof h g n r d ff u on n d n fu n c of C p d P r b ch

    op pon n of n u d C EP AL d o cr c h P r b ch P n nd

      rro k F rg r o mp c y r d on Pr b c h h o ry of d

     c n n g r m o f r d w h d n y ng h C EP AL h d n y n fu n c o n

     h r h n k ng L k w g n r o nof yo un g con om b g n o

      m bb C EP AL d h U nv r d d d B uno A r f r h co

      o m c c ur r cu u m w r v d n 1 9 58 n d o f ro m pu b c o n k

      D r ro o E co nom co A h f nd ng u gg h h nf u nc o f

    C EP AL n d Pr b c h d w b ro d r h n h n fu n c of Pr b c h

      n n d vd u nd h o f h P r b c hP n

    Y CEPAL d w r nf un n Arg n n h n n

    nu mb r of o h r cou n r n h r g on T h r v c kof n f u nc

    c nno b n r y xp n d by ck of f b w n C p d

      n dArg n n conom c r Pr b c h d w r o rg n y d

     v o p d p c f c y n r p on o h o b r v o n on Arg n n S m

      r d uch h p ro n du r on p c of P ron conom c

     d oc r n n dd rr o m o g n d w d f o ow ng O n m u o

      k n o c coun h p o c nd d o og c f c o r h m d c c p

      nc of Cp d

      n p r cu r h oc on b w n Pr b c h h n d vdu

    n dh b c kg ro un d nd p o c c v y w h h d of CE PA L n

    g n r d o nk ng of CEP AL w h n P ron m h nh b d h

      nf u n c o f CE PA L n A rg n n T h p o d o f h P r b c h P n n d

     Pr b c h c o b o r o n w h h A r m bu ru g ov r nm n w h m o

      pow rfu m p u o h oc on

     S c on d h x cu o n ry h o r c d f n o n n dp o c

     pr c c o f h d r ro m ov m n n Ar g n n f ur h r m rg n

      dC EP AL n fu n c du rn g h p r od T h d r ro n d d o

      mph h r d ff r nc w h o h r n c u who h r d o m of

    h r c on om c v w Th x cu o n ry d f n o n of d v o pm n m

      d Fr g ro o c gor n d v o pm n m ny po n

     108

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      PREBSCHS NFLUENCE NARGENTNA

      M n co n r m u y pr on o c o n qu p c r o d o o g co d n

     d rro o comp rnd d d o c or m do d d r ch h

      pr op o P r d o C om un p n do p or o p un o n r m d o d o

      conom f co d CEPAL y o conom d g rn

      mo v m n o p op u r q u p r on m o 5 7

     Wh h d ff r nc n mph h d vd d h d rro

      from CEPAL w r gn f cn m c r h d rro oppo

      on o h P r b c h P n n d o C EP AL n g n r w m o v d

      rg y b y h p o c con x nd po c n d h co or d

      d rro n rpr on of Cp po c n y h y op

     p o d Pr b c hb c u h d rro co on w b ng forg d n

      op po o n o h p o c of h R vo uc on L b r d or L r h y d d

     no uppor P rb ch d d p m r o h r own b c u

     h w c on d r d b y du o h p oc on w h h co

      nom c po c of h 1930 h ck of p r on po c b nd h

      po b y of co nn c n g h m w h f or g n n r n cu dng Br h

      conc rn nd h o o f CEPAL f 58 o m k y h Fr g ro

      rn d r o b n n c onom c h or n h o wn rgh o n

     of q u or u p r or u r o P r b c h d h m o h gh g h h d f f r

    nc nd downp y h m r o Pr b c h h ough

    T h d ff r n c b w n R u P r b ch n d o h r d v op m n

      n Arg n n w r b o h h o r c n d po c B u h c om mo n

     g ro un d of h o ry n d p o c y w b r o d n ou gh f or c c n c o

     h v m rg d r ound p c f c h r d go uch ndu r on

      nn ng n d h c hn f c o n of g r cu u r P o c f r c ur h ow

      v r m d mpo b o br dg h g p nd form h n c ry

      c c nc Th po c d ff r nc r h r h n h un u

      b y of CEPAL doc r n o h A rg n n u on m d h nf u

    n c o f CE PA L d n d b oc k d h f or m o n o f b r o d d v o p

     m n co on n Arg n n

     NOTES

      1 Pr b c h w o n o f h f or m o h or o fd v o pm n m w h ch c d for

    r p d n du r on of p r ph r c on om h ro ug h mp or u b u o n n d d

    v o pm n o f b c n du r T h or g n o r of h h or yof d c n n g r m o f

      r d f or p r m ry p ro du c P r b c h r gu d h r p d n d u r o n u pp or d

     b y v gor ou c o n w n c ry o o v rc om u nd r d v op m n H h

     b n cr d d w h g n r n gm uc hof wh w r c d CE PA Ld oc r n W h

     o h r CE PA L h or x p nd d n d p p d h d m uc ho f h d oc r n w

      r d y p r n n h p h br k n g d oc um n h P r b c h pr p r d f or C EP AL n

      19 49 S R u P r b c h T h E co no m c D v o pm n o f L n A m r c n d P r nc p

     Pr ob m NwYo r kUN ECLA 1 9 50

     2 A P r b ch r cogn d d CEPAL o br ndu r c 6n h do

    p r n d o po r P r6 n n r m no m u y p r c do T o do P r on m o C E PA L

    y d r ro m o n n c om un d n om n d or d h b r c om pr n d do qu h b

     109

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      L n A m r c n R r ch R v w

     qu n du r r n r v w w h P r b c h 23 Oc 1 985 B u no A r D ur ng

    h n r v w n h C EP AL off c n Bu n o A r P r b ch p ok u cd y of h

     p w h f n m mory for d p c y for od b ov r d nd po

     c Pr b ch d d x m on h r n S n go Ch h g of gh y fv

    3 A F n Org n d R o d J n ro P T rr 1985 9 9 103

     4 b d 1 01

     5 L C E PA L nu nc n f uy 6 d m d o n A rg n n E o u n m p r 6 n q u u no

      n y m pr c uc h d o r o Y o no p u d h b r n fu do h c ho d q u

    P r b ch m pr u vo un poc od c on r m no n A rg n n T v no fu

    u nc r 6 n p ro p u d h b r d ou n r 6 n por c u C EP AL nu nc

     p n r 6 mu ch o n Ar g n n P n r 6m n o ro p d r g 6n qu n Ar

     g n n n r v w w h N orb r o Gon n S n g o Ch 13 S p 19 85 D v d

     B ru c c om p r v u dy o f CE PA L r n d & c n co o n d c d h C EP AU

      d w r m or nf u n n Br h n n Arg n n n h n r v w CEP AL

      r n d A rg n n r p or d h C EP AL m on n dp ub c o n h d p ro

     f ou nd n f u nc n Arg n n T h n k p n g w h h c on cu o n o f h r

      u r n d of h E CL A f fm m b r con u d n S n g o S D v d C m ro n

    B ru c T h U N E co no m c Co mm o n fo r L n A m r c n d N o n D v o p

     m n P o c A S u dy o f No nc o rc v n f u nc P h D d U nv r y o f M ch

     gn 1 9 77 1 4 5

      o ru h CEPAL r n d f wr ud n n Arg n n h n n mo o h r

    c ou n r n L n A m r c B w n 1 9 55 n d 1 97 0 C EP AL r n d 1 4 1 Ar g n n

      n n c o un r y r n n g co ur c om p r d w h 1 3 30 B r n 4 34 M x c n 3 33

     B o v n 3 33 P r u v n 2 78 C o om b n 2 30 U ru g u y n 1 92 C n r A m r c n

      nd 1 81 D om n c n d u r ng h m p r o d Of h c o un r w h r n c o un r y

      r n n g c ou r w r h d o n y Cu b E c u do r n d C h h d f w r u d n

      r n d b y CE PA L h n Ar g n n S n r m R p or o f h L n Am r c n n u f or

    E co no m c n d S oc P n n n g 1 9 62 1 97 1 S n g o A u gu 1 97 1 1 1 C E PA L d d n o

      or g n m or n c ou n ry r n ng co ur n Ar g n n b c u w n o n v d b y

    h g ov r nm n o pr ov d h c ou r T hu o n m u r bu c kof CE PA L

      n f u nc n o o n y o c k of C EP AL r n n g bu o h d n r o r un w n g n

    of Ar g n n g ov rn m n n d n u o n o r qu C EP AL r n ng

    7 Mo of h m r n h wo p rg rph d r w on Jo p h Lov R u P rb c h

      nd h O r g n o f h D oc r n o f Un q u E xc h n g L AR R 15 n o 3 1 98 0 4 5 72

      8 n rv w P r b ch

      9 R u Pr b c h L c r d d r ro o r g n n o B u no A r A n o 1 986 15 05 1

      0 L o v P r b c h n d Un q u E x ch n g 5 7

     1 1 A o f n n g of h P r on p o o n o w rd P r b c h oc cu rr d n h r y 19 50

      Som u h or h v u gg d h P r 6n n v d P rb c h o w r n c on om c p n

    for h g ov rnm n P r b ch h ow v r d n d n h n r v w h h w v r

    n v d o wr p n f or P r6 n h ou gh P r6n d d off r o r u rn h ob h

      un v r y

     1 2 N or b r o Go n n d A do F r r r f or x m p w r b o h Pr b c h u d n

      h u n v r y F r rr r c f r h r n g Pr b c h d c u o n of h c n r p r p h

    ry y m n h u n v r y c ur n r v w w h A do F rr r n Bu no A r 27

     Nov1985

      13 P r or o 1 9 59 h S c ho o of E co no m c h U n v r d d d B u no A r r n d

      u d n m u n o u y c cou n n n d con om b o hu nd r gr d u

      nd gr d u v w h m ph o np ub c c co un n g n d pu b c w

     P r b ch d b d y n 1 948 E F c u d n oo b n u pom po o nom br d

     F c u d d C n c E con 6m c n of or m c on om S h n ro du cc 6n

      c ur o d d n m c c on 6m c R v d F c u d d C n c E con 6m c 1 n o 1

      M r 1 94 8 44 8 n 1 94 8 Pr b c h p r c p d c v y n c om m p ro po n g

      cu rr c u um c h ng h w ou d h v p r d h c co un n g n d c on om c p

      c on w h n h d p r m n B u h ch ng w r n o d op d u n 1958 n d

     1 95 9 w h n n w c u rr c u n d x w r n r o du c d h S ch oo o f E c on om c

     Th w h f r m h CEPAL m r w ncorpor d y m c y n o

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      PREBSCHS NFLUENCE NARGENTNA

     co b or d on h curr cu um ch ng wh ud n h u n vr y n d r

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      o o k p c o n 3 J u y 19 85 n B u n o A r

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      r b ch fr qu n yd n d h w p n w u u y r f rr d o p n n

     Arg n n F or h r on d c dd o r n h u g

    15 R u P r b c h n for m pr m nn r c r c d u c 6n c on 6m c B u no A r 2 6O c

     1 955 9 T h r p or w p rob b y pu b h d b y h M n r o d H c n d n r

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      19 8 5 B un o A r

     1 6 n fo rm p r n n r c r c d u c 6 n c on 6m c 2 6 Oc 1 95 5 Mo n d n o n f c 6n

      n co n n b n d P n d r b c m n o c o n6 m co 7 J n 1 95 6 Ac co rd n g o

     P r b ch o n y h h rd do cu m n w h g n un n dd f n v P r b c h P n

     n h m n d o fh u pp or r n dc r c ho wv r h r d oc um n fo rm d h

      Pr b c h P n T h c on dr p or b c m h b k no wn p o b y d u o d r

     m c

    17 S h c on n d H or cr d P n Pr b ch n E P n Pr b ch 5 h

     d B u no A r P f L o 1 98 4 1 37 66

     1 8 n f or m p r m n r 8

    19 P rb c hcomm n d on h d r conom co qu h v v do p n o

      mo d f o nd o qu up nd oS f or M rnd qu n o d fno h o

      p r f rr ng o P r 6n f r p r d n o f h B n co C n r P r b ch n d d on

     p r n on w h n m o o n v oc on of G n r L o nr d qu f gu r nob

     y u r q u u n o co no r o com p n ro d rm d n v no u p d p r

     d r rb r un d c d ur y n o p r v n r o r n u o u fr do d A m r c

    L n S L A gr up c 6n R for m d G r du d o n C n c E con 6m c M

     r d o nd o f 28 N ov 1 9 55 p u b h d 1 9 D c 1 95 5 B u n o A r n p p p 5 8

    20 F or x m p Ar uro J ur c h E P n P rb c h o c L b non C r y c c

     d n fo rm P r b c h p u b h d b y h u h or n d T h r v o u o n ry o c

     n w p p r Lu ch O br r d of Pr b c h no pod m o d c r qu u n g n

    d m pr mo porqu mp r mo n pr on S Ab o P n

    Pr b c h L o g rquf y mp r mo no g n ron u m b Lu ch O br r

     B u n o A r 1 0 No v 19 55 p 1

     21 T u o H p r n Do ng h H o r rg n n d m oc r c d m B u no A r

      P d 6 1 98 3 9 0 9 1

     2 2 Co m 6 n A o r H on or r d E c on om f y F n n D c m n o b r n fo rm

    Mo n d n o n f c 6 n nc on n b m m o B u no A r 2 0J n 1 956 1 2

     2 3 A n d S oc d d R u r A r g n n 1 1 No v 19 55 4 79

    24 T h p o cy m k r of h R v ou c6 nL b r d or d m n d h n u o Ar g n no

    d P romoc 6n d n r c mb o A P r urn d h g n og c n m r g r

    n on d by P r6n o h Soc d d Rur Arg n n nd r n wd w n y y r

      o n h P rm of r gr ou nd nd x h b o n h wh r h n nu r ur x po

      on w h d S Jo rg N w o n H o r d So c d d Ru r A rg n n B u no

      r B on co ur 1 96 6 2 5 5

     2 5 G r y VV yn A rg n n n h P o w r E r P o c n d Ec on om c P o c y M kn g n

    D v d d S oc y A b u qu r qu U nv r y o f N w M x co P r 1 97 8 1 57 5 8

      26 n 1 95 8 u nd r h F r on d g ov r nm n h C G E w g n o w d o f un c o n

     2 7 U n 6n n d u r A rg n n M m or y b n c 1 9 56 1 95 7 Bu n o A r n p 1 9 57

     2224

    28 A d oF r rr N o ob r n fo rm P r b c h n d F ron d A rc hv C n r o

      d E u d o N c on B u no A r Sp c f c y F rr r u pp or d x p on

      r n g h n ng g r c u u r p ro du c o n m od f y ng h x ch n g r o ng m

    u r w r k n o b u n h m p c on pop u r con u mp o n d v op ng b c

      nd u r nd p rom o ng n du r x po r c on r uc n g g n do p p n n

      c n g n nf on ry m ur nd b r ng h conomy wh r n ng

      r o n h o v r d r c o n o f c on om c d v o pm n B u F r r r r g u d h

      h R d c p r y ho ug hn o op po d o for g n n v m n n w d f n d r

    d dno b v h uch nv m n w n o Arg n n d v opm n S m

     

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      L n A m r c n R rc hR v w

      r y h ou gh h d d n o op po h g r r n r co mm n d o n h u gg d h

      nc r d g r cu u r p ro du c on w n u ff c n n d h n f f c v g r r n r

    f orm w n c r yf or d v o pm n H o r com m nd d h h g ov r nm n

    ub d b c food m o v od pr c n cr for h popu r c or

      9 A d o F r r r E n fo rm P r b c h y p ro b m c on 6m c o r g n n o u n d d

    F ro nd A rc hv C n ro d E u do N c o n B u no A r Sc b rn O r

    c om m n r g n d nd d d 13 D c 1 95 5

     3 0 n r u rn h g o v rn m n p po n d n um b r of y m p h c m m b r o f h

    B b n w ng of h p r y o po on n h gov rnm n uch R d c cono

     m E ug n o B n c o M n r o f Ec on om c

     3 1 F or m or o n h d v o n w h n h R d c p r y R c r do G o 1 9 56 1 95 8

     B b n F ro nd y d v 6 n d r d c m o Bu n o A r B g r no 1 98 3

     3 2 R d n g h p g o f Qu p u b h d n 1 9 56 5 7 o n f n d P r b c h n h p c u r

      mo r of n h n n y o h r n g f gu r v n h ou gh h p n m or m n S n

      g o h n n B u n o A r d ur n g h p r o d

     3 3 M r c o C v ro S nd c o y po c n Ar g n n B u no A r E u d o C EDE S

     1 9 84 9 0

     3 4 S P b o G r ch un of f P o c c on 6m c d R v o uc 6 n L b r d or m m o

      n u o Torcu o d T n d 2

     3 5 E E h g n d R Th or p E c on om c P o c n A rg n n n h P o w r Y r

     Ox for dU nv r y n u of Ec on om c n dS c B u n 27 n o 1 F b

     196514

     36 F or h r c om m nd o n h P n d r b c m n o c on 6m co 3 8

     37 C r o D A ndro r gu d h NTA c v d ov r m o chno og c

      mp ro v m n n d pro du c v y g n n h r ur c or S h E y o n h E co

     n om c H o ry o f h A r g n n R p ub c N w H v n C on n Y U n v r y P r

     1 9 7 0 1 9 0 9 1 1 9 4

     3 8 Th n r n on r m of r d f r p d y du rn g h p r od n db y 19 57 h y

     w r 1 3 p r c n b o w h 1 9 55 v 3 6 p rc n b o w 1 95 0 n d 4 4 p rc n b o w

      9 48 S G r ch un of f P o c c on 6m c 4 6

     3 9 F or x m p J u r c h P n P r b c h n d To m E c on om c u R d o g r ff d

      n fo rm P r b c h B u n o A r R d d E c on 6m c 1 95 5 1 1 1 2 1 9

    40 F or x m p r n cr p o f p c h by M n r of Ec on om c B nc om d o h

    E c u S up r o r d G u rr n A pr 1 95 6 on b ud g p o cy p u b c d b n d h

    n on conomy p n n n n p g nd w n y on g r ph bor ng h f

      ur o f P ro n c on om c p o cy n d h n g v c on om c g c y of h p r v ou

    r g m b u o n y v n u n n pr ng p g ou n ng wh h n w g ov r nm n w

    off rng n rn v S Eug no A B nco L p o c p r upu r d ud

    p ub c y c on om n c on p c h m d 1 7 Ap r 195 6 Bu no A r M n r o d

     H c n d d N c 6n 1 95 6

     4 1 n rv w P r b ch

     4 2 N or b r o Go n c ur r n x c u v d r c o r of C EP AL d d h f r w or k w h

    CE PA L c on u n o n h u dy O h r m m b r of h CE PA L m n c ud d

    A do f o Do rf m n R o qu C r r n n d R c r do C b o

    4 3 An E ng h u m m ry o f h h r v o um r p or c n b f ou nd n T h P ro b m o f

    E co no m c D v o pm n n A rg n n E co no m c Bu n f or L n A m r c 4 M r

     19591324

      44 R og o Fr g r o wr n r p on o n r v w qu on p 1 1 r c v d 1 5 Ju y

     1 98 5 A h ou g h b r f y n r v w d R o g o F r g r o n d A r ur o Fr on d b o h p r

    f rr d o pr p r wr n r p on o my n r v w qu on

     4 5 Pr b c h r com m nd d h h B n co n du r b h d n 1 94 4 b r n

     f or m d n o n u o no mo u n u o n c d h B n co d D r ro o E co n6 m co

    w h ch w ou d u nd r k o n y m d u m n d o ng r m n v m n f n n c ng T h

    r co mm n d o n w r d op d bu w r o on r v r d b y h F r ond d mn r

    o n B nc o nd u r d R p ub c A rg n n M mo r y B n c 1 95 8 Bu n o

      r 1 959 p 1 1

    46 T h m n x c p on w h n u o N c on d T c no og f Ag rop c u r N TA

     w hc h w p r v o u y d c u d

     112

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      PREBSCHS NFLUENCE NARGENTNA

     4 7 Fro nd u f d h c h ng o f po on on h p r o u m mo nop oy w h h

     f o ow ng r on C u nd o g u g ob r no m n fr n u n r d d qu n o

     c or r po nd p o ur 6r c h o fP r o o y p of c p or do r on

     P rm r o po rq u E d on o n o r c ur o n c r o p r x po r p or f 6 o

     n u ro p r 6 o y g und o porqu nm d y urg n n c d d d u u r

    nu r mpor c on d c ombu b no d b m rg n d mpo p r p r r

      qu g ob r n o r un r o r c u r o f n n c r o y c n co S A r ur o Fr on d

      P r 6 o y n c 6 n B u no A r T r n c 6 n 19 63 8

     4 8 On o f h b r ck o nFrond p r o um po cy w w r n by h v c

     p r d n A ndro G6m f r h w forc d o r gn S G6m Po f c d

    n r g B u no A r P f L o 1963

     4 9 By n o n n gr on h d rro m n n o on y h n gr d ndu r

     d v o pm n o f h c ou n ry n d h r r r ng m n o f r d ng p rn w h n

     du r d n o n bu o mor m phy c m rg nc of n n g r d n

      o n w h u n un d d h 6 r c r d c on y con c nc h 6 rc c om un r S

    Rog o Fr g ro H c r d rro o o rmn nd r v ruc ur B u no A r Ed o

     r D r ro o 1 96 5 1 3 1 5 On r o o o f h c on f c b w n C E PA L n d h

    d rro pp r o hv b n n g d m n by C EPAL xp r on

     n g r on u gg ng og c r g on d v o nof n du r h wou d g n

     Br h r o o fr g on produc r of nd produc Th d w un c

     c p b o Arg n n n on nd d r ro b c u o f h ong nd ng

      co no m c n d m r y r v r y b w n h w o co un r

    50 F rg r o wr n r p on o qu on

     5 1 C EP AL o f f r d w o n c ou n r y r n n g c ou r n A r g n n h S ch oo o f E c o

    n om c o f h U n v r d d d B u no A r n 1 95 8 n d 19 59

     52 n r v w w h A b r o P r c o D r c or of h n u o Tor cu o D T Bu n o

      A r 2 J u y 1 98 5

     5 3 n rv w w h Pr b c h

    5 4 n r v w w h N or b r oG on T h doc um n p r p r d by h F r r r m w

     c d nform obr u c 6n c on6m c n c on n pr m n rd o

      pr n cp p ro b m y m d d p ro pu

     55 B c u F rg r o w u n c c p b o m r y d r n dm n yof h o wn p r y

     m m b r F ro nd n m d D on n o d C r r n on c on om n d o y R d c

    p r y mmb r o h d h M n r y of Econom c n d n d Fr g ro p c

     p r d n c r r y fo r co nom c n d o c f f r F r g r ob c m h r f or c

    b h n d c o n om c p o c y m k n g

     5 6 Th m m b r o f h J un d P n f c c 6 n nc u d d No rb r o G on R c r do

     C bo E r c C c g no F d r c oH r c h n d S mu c ov c h Th g ro up o f Ar

    g n n conom w on of h m o f m r nd y mp h c w h h d of

     C E PA L T h u n u nd r o o k n m b o u p r og r m o f u d y n d r f or m f o cu n g

     on n r w h n h r ur d c o n n d x on n h p rov nc Th r y r c

    o n gr r n r f orm n d n d x r f or mb y h u n w r p ub h d n o ur n h

    f or m d h n v o um o f D r ro o E co n6 on c o on o f h m o p r om n n o ur

    n n L n A m rc nd foru mfor C p d Th nd x p n prov ok d

      r on g r c o n fr om n d d n r n h p ro v nc n d op po o n fr om h c n

      r g ov r nm n F ro nd g ro up b v d h h u n n d x r f or mf u d

      h o pp o o n c kon h c n r g ov r nm n nd d r c d n o n fro m

     m or p r n g go v rn m n p r or o n c on om c p o c y p c y p r o u m

      o c y n r v w w h O c r A n d 2 7 N ov 1 98 5 n B n f d A r g n n G ov r no r

    A nd v n u y f ob g d o rqu F rr r r gn on n d h Jun d P n

     f c c 6 n c o d h o p G on C b o n d C c g no r w n o w or k fo r CE PA L

      A h n v o fA n d n d h conom c m n n r prov nc org n on

    w up n 1959 c d h C on o F d r d nv r on CF L k h J un d

     P n f c c 6 n h C F m n n d g oo d r o n h p w h C EP AL A c co rd n g o

    Er cC c gno who f h u n o b com cr ry g nr o f h CF h r

    w nv o nd C p o h w ou dprov d chn c nc n d v op

    n g h A r g n n p ro v nc n r v w w h E r c C c g n o 1 1 Ju y 1 98 5 n B u n o

    A r A h oug h h CF w n n r prov nc org n on r h r h n n on

     113

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      L n A m r c n R rc hR v w

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     1 97 8 1 11 n d L h o r d C F T od o E H o r n o 10 6 M r 1 97 6 32

    57 R og o Fr g r o E u o d u bd r ro o o c orr n d p n m n n o c o n6o nc o

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     58 N o ob n o r b o no v ncu 6 con g un f r cu nc cu

     C EP AL C ro qu o no fu h c ho d m n r n oc n p u q u n r ch

      n nu r d r u b m c6modo m r no un p n m n o x rfno

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     114