Y2/IB 15) Prebisch Singer Hypothesis

A2/IB 15) Prebisch Singer Hypothesis - A key problem of developing relying on international trade for growth and development is the Prebisch-Singer Hypothesis detailing a long term decline in the terms of trade as a barrier to development

[@SeanBabyOilCombs]

It's actually amazing how good you are at teaching..It's insane, I read this in a textbook 4 times over and didn't understand it.. I watched a 5 minute video and got it instantly. Thank you so much

[@nadirberrachedi4347]

I've been holding onto pieces, swimming in the deep end, trynna find my way back to you bcos I need it

[@ciitadevotese]

Thanks! In Argentina atm and studying International Economics, which wasn't very easy in Spanish.. An english explanation was very well in place!! xx

[@EmaLeGoadec]

This is so fun, you posted this comment 9 years ago and here I am studying my course of International political economy with the same great song in 2024. Hope you pass your exam though and wish you see this comment.

[@eriwhere]

​@@EmaLeGoadec I struggled with that exam indeed! But I passed! I kind of wish I could take that course again, I forgot most of what I learned unfortunately. I guess I had too many new impressions when doing a semester abroad on the other side of the Atlantic! I hope it goes well in your course and exam. Take care!

[@Flag987]

Dal you inspire me

[@austinwachira5185]

Excellent! Thanks Dal!

[@shikhaaggarwal2767]

thanks for explaining it so well. can u plz xplain metzler paradox????

[@Tom-kw1rp]

Firstly Thanks for the videos!
Just a quick question though...
How does this fit in with the idea of comparative advantage?
If for instance a developing country has a comparative advantage in say coffee production, then the theory would suggest to specialize in production of coffee .
However over the long term they would suffer from declining terms of trade?

[@user-ht8ux6ji2n]

That's why the law of comparative advantage is highly debated - it depends on what you specialise in, low-value added industries such as coffee will not be beneficial in the LR. If you are interested in this, I'd suggest you research some similar theories: infant industry argument, dependency theory.

[@ahnafryan5536]

Pretty well explained.Thanks

[@noraszentivanszki2741]

it was a huge help thank you!

[@gsf4lyf]

great video, thanks very much!

[@jakesmith5699]

thank you so much! :)

[@gulerertunc1045]

Türkçe altyazı olsa çok sevinirdim 😔

[@saddamgu]

Nice sir

[@bensear]

safe