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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 ".
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.
Path dependence is a concept in the social sciences, referring to processes where past events or decisions constrain later events or decisions. [1] [2] It can be used to refer to outcomes at a single point in time or to long-run equilibria of a process. [3]
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 ...
Human development theory is a theory which uses ideas from different origins, such as ecology, sustainable development, feminism and welfare economics. It wants to avoid normative politics and is focused on how social capital and instructional capital can be deployed to optimize the overall value of human capital in an economy.
The theory of unequal exchange is a rejection of the fundamental assumptions of Ricardian and neoclassical theories of comparative advantage, which claim that free trade based on comparative costs is beneficial to all parties and in turn represents the theoretical justification of neoliberal trade policies. More generally, the concept is a ...
Baran and Davis [16] identify four primary criticisms of dependency theory: Variability in microlevel and macrolevel measurement makes between-study comparability problematic. The theory is often difficult to empirically verify. The meaning and power of dependency is sometimes unclear. Dependency theory lacks power in explaining long-term effects.
It is an overlapping feature of type theory and type systems. In intuitionistic type theory , dependent types are used to encode logic's quantifiers like "for all" and "there exists". In functional programming languages like Agda , ATS , Coq , F* , Epigram , Idris , and Lean , dependent types help reduce bugs by enabling the programmer to ...