2016/01/09 by Abhijeet Paul · 1 citation
Social Sciences · #World Systems and Global Transformations #Income, Poverty, and Inequality #Social Capital and Networks
paper · doi:10.1002/9781118455074.wbeoe242
openalex publication_date 2016/01/09 · openalex created_date 2022/05/12 · openalex updated_date 2026/07/14
Abstract Dependency theory, first developed in the 1950s, is based on the paradigm of underdevelopment visible in the poor nations belonging to the so‐called Third World. On this view, from systematic imperial and neo‐colonial exploitation of raw materials and resources from the poor countries well into the 20th century, a long history of dependency of the poor over the rich has emanated. Critics of the theory have since argued that with the emergence of the developmental state in the 1960s, the impact of they theory has gradually waned. And in the wake of globalization and the emergence of the so‐called “post‐colonial” nation‐state since the late 1980s or so, dependency theory seems to have been made redundant.