PSCI 2102 Lecture Notes - Lecture 1: Andre Gunder Frank, Import Substitution Industrialization, Amazon Rainforest
Document Summary
Dependency has academic roots but made economic policy in lain america. Dominant policy paradigm in lain america and elsewhere from 1960s-70s. Dependency theory didn"t see underdevelopment as a stage, a beginning to modernizaion but saw it as a process. Fails to consider the unique posiion developing countries occupy in global capitalist system. Ignores the historical experiences of developing countries and the challenges they face. There are diferent kinds" of states in the world diferent funcions in the global economy, internaional division of labour, each country fulills their own role. Each kind" performs a diferent funcion in the global economy (internaional division of labour) Core - periphery (advanced but less powerful i. e. canada) (middle power, developed but less exercised) Peripheral core (middle-income countries i. e. brazil, china, india) (middle income countries) Peripheral (low-income countries i. e. guatemala, nigeria) (really low income countries, weak or failed states, no middle class doesn"t exist)