GGRA02H3 Lecture 8: lecture 8
Document Summary
Highly dependent on those with wealth/capital/ technological innovations. How well connected as a country to the core. Conditions for development are not always present. China and india do not have empires. Ldc never going to develop up to the level of living to the more developed. Dependent on where the capital/ economic power/resources are. Get communities involved in their own development. Broad distribution of wealth, investment in infrastructure, improvements for all. Dependency theory: periphery (third world, less developed countries, the south) exploited by and dependent on the core. Problem with core-periphery concept, third world and arbitrariness of north-south divide: the idea of two distinct worlds, developed and less-developed, rich and poor. Two distinct worlds, not recognizing that it is a much more complex pattern. Based on neo-colonial attitudes and western meanings of development. Development (growth) occurs wherever investment yields highest returns. Capital is invested unevenly in time and space.
