Review of Matias Margulis' The Global Political Economy of Raúl Prebisch
Bibliographic record
Abstract
Matias Margulis has edited an excellent book about Raúl Prebisch, one which both outlines Prebisch's key arguments and shows how his ideas need to be updated in the light of new developments.The volume allows a new generation of students of international political economy (IPE) to understand that Prebisch, alongside Keynes, was one of the two intellectual architects of the post-war economic order.As pointed out by Margulis in his introduction, Prebisch's ideas made history, though this fact is very much ignored in standard accounts of the postwar development regime.This volume therefore firstly, recognizes the importance of Raúl Prebisch and secondly, contributes to existing efforts to develop a truly global political economy (GPE) in place of the conventional IPE approach.This, in a sense, is the untold story in this book: Margulis' introduction simply refers to GPE, but the really important insight that emerges from his account is the need to break with the traditional IPE story of the postwar order in order to create a truly global account of postwar economic history.Traditionally, IPE tells the story of the postwar order as one of the rise and fall of the interventionist Keynesian welfare state and its international concomitant, the Bretton Woods system based on the IMF-centered monetary order, the World Bank and its work on infrastructure development, and the trading order based on GATT.Although his influence has been unjustifiably minimized in this account, Prebisch's work as the most preeminent Latin American monetary thinker played a major role the making and unraveling of the postwar economic order created at Bretton Woods.As Helleiner's chapter notes, Prebisch's position as the director of the Argentinian
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How this classification was reachedexpand
Full frame machine prediction
Teacher imitationNot calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.
Distilled classifier scores by category (both heads)
| Category | Codex | Gemma |
|---|---|---|
| Metaresearch | 0.004 | 0.014 |
| Meta-epidemiology (narrow) | 0.001 | 0.000 |
| Meta-epidemiology (broad) | 0.001 | 0.000 |
| Bibliometrics | 0.004 | 0.004 |
| Science and technology studies | 0.002 | 0.005 |
| Scholarly communication | 0.005 | 0.006 |
| Open science | 0.001 | 0.003 |
| Research integrity | 0.005 | 0.007 |
| Insufficient payload (model declined to judge) | 0.005 | 0.003 |
Machine scores (provisional)
The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.
Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.
score_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from itClassification
machine, unvalidatedMachine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.
How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".