Dependency Theory: The Reality of the International System

Number of Pages 40
Type Paperback
Nations in the international system are economically unequal. Third world countries continue to languish in poverty as the economies of many developed nations keep on thriving. Different theorists have come up with divergent explanations regarding the economic inequalities between the less-developed and developed nations. One of the theories that have been used to explain the economic inequality between third world and developed nations is the dependency theory. This paper explains the origins, main prepositions, proponents and critics, and the current status of dependency theory.Nations in the international system are economically unequal. Third world countries continue to languish in poverty as the economies of many developed nations keep on thriving. Different theorists have come up with divergent explanations regarding the economic inequalities between the less-developed and developed nations. One of the theories that have been used to explain the economic inequality between third world and developed nations is the dependency theory. This paper explains the origins, main prepositions, proponents and critics, and the current status of dependency theory.