Dependency Theory Revisited

by B.N. Ghosh

This volume of work considers theories that uphold the view that the induction of capitalism has been a factor responsible for the accentuation of underdevelopment in less developed countries. Following the Marxist approach, some scholars tried to explain development and underdevelopment with reference to and as a function of world capitalism. The theories of dependency provided radical explanations to the problem of underdevelopment. Radical theorists argued that the problem of underdevelopment could not be considered in a vacuum, but should be related to the phenomenon of development of capitalist countries.

194 pages, Hardcover

First published February 20, 2001