Includes bibliographical references.

Introduction: The evolution of Prebisch's economic thought / L.E. Di Marco. The impact of Prebisch's ideas on modern economic analysis / A.A. Dadone, L.E. Di Marco -- On institutions and ideas: Twisted terminology and biased theories / G. Myrdal. -- Theoretical approaches: Stability conditions in the real and monetary models of international trade / A. Amano. Towards a reformulation of the short-run theory of foreign exchange / M.C. Kemp. Reflections on unlimited labor / W.A. Lewis. The center-periphery system 20 years later / A. Pinto. Consequences of the existence of "immobile" industries / J. Tinbergen. A long-run economic growth model for developing countries / P. Zarembka -- Economic policy, foreign trade, and development: Industrial policies in Taiwan and Korea / B. Balassa. LDC exports, a cross-sectional analysis / J. Bhagwatt, J. Cheh. Protection and growth / W.M. Corden. The theory of exploitative trade and investment policies : a reformulation and synthesis / J.S. Chipman. A stochastic model of the functional distribution of income / C. Dagum. Industrializing industries and the economic integration of less-developed countries / G. Destanne de Bernis. The contribution of foreign trade to national income / V.J. Elias. Origins and consequences of import substitution in Brazil / A. Fishlow. -- Foreign investment and economic development: Notes on foreign capital and Latin America / R.M. Ffrench-Davis, S. Aranchibia. Direct investment in less-developed countries : historical wrongs and present values / C.P. Kindleberger -- Problems of regional development: Conditions and objectives of African economic development / J.M. Letiche. The international politics of Latin American economics / J.P. Powelson -- International cooperation: The "crisis of aid" and the Pearson report / H.G. Johnson -- The socio-economic approach: The social doctrine in Prebisch's thought / B. Cornejo -- Appendix: The work of Dr. Raâul Prebisch.