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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".
Wallerstein's definition follows dependency theory, which intended to combine the developments of the different societies since the 16th century in different regions into one collective development. The main characteristic of his definition is the development of a global division of labour, including the existence of independent political units ...
Dependency theorists suggest that information has a top-down approach and first goes to the Global North before countries in the Global South receive it. Although many of these countries rely on political or economic help, this also opens up opportunity for information to develop Western bias and create an academic dependency. [ 40 ]
t. e. World-systems theory (also known as world-systems analysis or the world-systems perspective) [3] is a multidisciplinary approach to world history and social change which emphasizes the world-system (and not nation states) as the primary (but not exclusive) unit of social analysis. [3] World-systems theorists argue that their theory ...
Complex interdependence. Complex interdependence in international relations and international political economy is a concept put forth by Robert Keohane and Joseph Nye in the 1970s to describe the emerging nature of the global political economy. [1][2] The concept entails that relations between states are becoming increasingly deep and complex.
International development or global development is a broad concept denoting the idea that societies and countries have differing levels of economic or human development on an international scale. It is the basis for international classifications such as developed country, developing country and least developed country, and for a field of ...
International political economy (IPE) is the study of how politics shapes the global economy and how the global economy shapes politics. [1] A key focus in IPE is on the power of different actors such as nation states, international organizations and multinational corporations to shape the international economic system and the distributive consequences of international economic activity.
For postdevelopment theorists, "development" is an ideological concept that works to preserve the hegemony of the Global North [2] while increasing the dependency of the Global South. [3] Thus, postdevelopment theory argues for "alternatives to development" [1] or "bottom-up" approaches to development, [3] as determined by the peoples in the ...