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The Discontinuous Development Trend of Structuralism: Alternative Tradition of Economic Analysis (R. Prebisch, Y. Yaremenko, G. Mensch, and others)

The Discontinuous Development Trend of Structuralism: Alternative Tradition of Economic Analysis (R. Prebisch, Y. Yaremenko, G. Mensch, and others)

Journal of Economic Regulation, , Vol. 8 (no. 1),

The main factors of economic growth in the mainstream of the economic theory are capital and labor, and the rates of growth are determined by the rate of savings. Alternative tradition of the economic analyses does accent on the structural changes that are taking place in the economic system. This restructuring is the main factor of development.
 
This paper is a brief outline of the formation and evolution of the structuralist theory of economic growth. Elements of structuralism are standing yet in the concept of expanded reproduction of Marx, theory of comparative costs Ricardo, the model Solow. The characteristic of the concept of unequal exchange in international trade associated with the hypothesis Prebisch – Singer, describes the formation of a global system of «center – periphery».
 
We introduce a distinction between the structuralist and neo-classical theories of economic growth associated with the discussions in the Soviet Union on the role of «extensive» and «intensive» growth factors. Considered in detail the model of «multi-level economy» Yuri Yaremenko as compared to the «economy of shortage» J. Kornai. The heterogeneity of the technological structure is present both in Soviet economy, as in the market, capitalist economy. The last situation was demonstrated by the concept of «technological stalemate» G. Mensch.
 
As the impact of international economic relations on the economic development of the role of structural analysis will increase. The need for industries with increasing and diminishing returns, as well as the establishment of appropriate structural policies in their work justifies E. Reinert. His concept complements views Y. Yaremenko and G. Mensch on economic development.


Keywords: structural analysis; economic growth; statics and dynamics; technological stalemate; decreasing and increasing returns.

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