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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".
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 ...
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 ...
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.
Rostow's model is descendent from the liberal school of economics, emphasizing the efficacy of modern concepts of free trade and the ideas of Adam Smith.It also denies Friedrich List’s argument that countries reliant on exporting raw materials may get “locked in”, and be unable to diversify, in that Rostow's model states that countries may need to depend on a few raw material exports to ...
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.
Amin identified himself as part of the school of global historical materialism, in contrast to the two other strands of dependency theory, the so-called dependencia and the World Systems Theory. The dependencia school was a Latin American school associated with e. g. Ruy Mauro Marini , Theotônio dos Santos , and Raúl Prebisch .