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Is Increasing Dependency an Inevitable Result of the Development Process?
Member rating: No Rating | Words: 1783 | Submitted: Sun Dec 02 2007
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Is Increasing Dependency an Inevitable Result of the Development Process? In today's society, many developing nations have become dependent on the economies of already developed nations. It is the view of some developmental theorists that this state of dependency is an inevitable result of the global capitalist system imposed upon the world by the developed, 'first world' nations such as Britain and the United States. This is known as dependency theory. Put simply, the central premises of dependency theory are that poor nations provide natural resources, cheap labour, a destination for redundant technology and a market for the wealthy nations, without which the wealthy nations could not have the standard of living they enjoy. However there are many critics of dependency theory who deem it to be an oversimplification of complex interactions of social, political, historical and economic factors and as such see it as inadequate as a theory to explain...
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