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Raúl Prebisch
Raúl Prebisch (April 17, 1901April 29, 1986), considered by many as Latin America's most influential economist, is known for his contributions to structuralist economics such as the Prebisch–Singer hypothesis, which formed the basis of economic dependency theory. He is sometimes considered a Neo-Marxist economist.
==Early years==
He was born in Tucumán, Argentina, to German settlers and studied at the University of Buenos Aires, where he later taught. His brother Alberto Prebisch became a well-known architect. As a young man his writing was marked by a complete adherence to the idea of free-trade but in the 1930s, as a result of the Great Depression he "converted" to protectionism. His previous beliefs had been supported by the spectacular economic growth of Argentina from the 1860s to 1920s as the country exported a large amount of beef and wheat to the United Kingdom. However, by the 1930s the Great Depression and the growing economic dominance of the United States, which exported beef and wheat rather than buying them, had significantly hurt the Argentinian economy.
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