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Ensayos de Economía

Print version ISSN 0121-117XOn-line version ISSN 2619-6573

Abstract

RUBIO-GARCIA, Manuel  and  CASTANO-SALAS, Santiago. The Economic Surplus in Peripheral Economies: A Theoretical Perspective from the Contributions of Baran, Prebisch and Furtado. Ens. Econ. [online]. 2020, vol.30, n.57, pp.75-97.  Epub Apr 15, 2021. ISSN 0121-117X.  https://doi.org/10.15446/ede.v30n57.86865.

In economic theory, the perspective of the economic surplus has a double importance in peripheral economies. First, its theoretical scheme incorporate the question of the development pattern, that is, the analysis of the degree of change in the productive and occupational structures, and in correspondence, of the transformations both in the distribution of income and in the profile of the external insertion of a given social formation (Vera, 2013). Secondly, this theoretical perspective allows the historical analysis of different development patterns, whose explanation is centered on the profile of the distributive conflict. This article presents an exposition of the perspective of the economic surplus from the perspectives of Baran, Prebisch and Furtado for the peripheral economies, as well as an approach to the analysis of the degree of development from the notion of phases of productive transformation. It is concluded that the economic surplus perspective is useful to understand the degree of productive diversification based on the interaction between the distributional equitable -appropriation and use of economic surplus- and the forms of capital accumulation.

JEL: B15; B52; B51; E11; E24; F43; O11; O14.

Keywords : Latin American structuralism; economic surplus; monopoly capital; economic development; pro-ductive diversification; peripheral economies.

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