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Dependency theory is the idea that resources flow from a "periphery" of poor and exploited states to a "core" of wealthy states, enriching the latter at the expense of the former. A central contention of dependency theory is that poor states are impoverished and rich ones enriched by the way poor states are integrated into the "world system".
Marini is internationally known as one of the creators of dependency theory, [1] [2] [3] Super-exploitation, and Unequal Exchange. He is the author of the work "Dialéctica de la Dependencia" (Dialectic of Dependency), [ 4 ] in which, using elements of the theory of economic development of Karl Marx adapted to the study of Latin American ...
Neocolonial dependence, also known as the Neocolonial Dependance Model or Dependency Theory is an indirect outgrowth of Marxist thinking which is a subgroup of development economics. According to this doctrine, third world underdevelopment is viewed as the result of highly unequal international capitalist system or rich country-poor country ...
Linked in with Marxist theories is dependency theory which argues that developed countries in their pursuit of power penetrate developing states through political advisors, missionaries, experts and multi-national corporations (MNCs) to integrate them into the capitalist system in order to appropriate natural resources and foster dependence by ...
Another key contributor to the establishment of dependency need theory was Sigmund Freud's theory of psychosexual development. Freud's theory of psychosexual development Sigmund Freud came up with a five-stage theory that stated human beings are born with sexual energy; this energy was thought to develop in five stages (oral, anal, phallic ...
Dependency theory is essentially a follow-up to structuralist thinking, and shares many of its core ideas. Whereas structuralists did not consider that development would be possible at all unless a strategy of delinking and rigorous ISI was pursued, dependency thinking could allow development with external links with the developed parts of the ...
Immanuel Wallerstein's "world-systems theory" was the version of Dependency theory that most North American anthropologists engaged with. His theories are similar to Dependency theory, although he placed more emphasis on the system as system, and focused on the developments of the core rather than periphery.
The North–South model, developed largely by Columbia University economics professor Ronald Findlay, is a model in developmental economics that explains the growth of a less developed "South" or "periphery" economy that interacts through trade with a more developed "North" or "core" economy.