Dependency Theory
- Created by: mckenj99
- Created on: 04-01-18 20:33
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- Dependency Theory
- Andre Gunder Frank
- Thought that poverty should be seen as the end point, not the starting point.
- Core developed countries take raw materials, brain power, political support and debt repayments from peripheral developing countries.
- In return peripheral developing countries get manufactured goods, aid, pollution and political and economic ideas.
- Three stages to dependency theory
- 1. Mercantile Capitalism
- 2. Colonialism
- Neo-colonialism
- Problems with dependency theory
- Very difficult to 'break away' from the economies of the world.
- Not a practical way forward to attain economic development
- A country can break away from dependency by becoming isolated.
- Andre Gunder Frank
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