Dependency Theories

• Dependecy Theories was Developed by Hans Singer and Raul Prebish in

1950s and Has been improved since then.
• They are Two main sub theories, The North American Neo-Marxist
approach and the Latin American Structuralist approach

Core nations and Pheripheral Nations

• Pheripheral Nations are less developed and receive an unequal

distribution of the worlds wealth.
• have very little industrialization
• They typically have unstable governments, inadequate social programs,
and are economically dependent on core nations for jobs and aid.
Core nations
• are dominant capitalist countries, technological, and urbanized
• and more industrialized nations who receive the majority of the world’s
Wealth.

• Dependency Theorists saw that the development of peripheral nations is

Stagnant Because of the exploitative nature of the core nations
• Less Developed Periphery Countries are said to primarily serve the
interests of the wealthier Countries and end up having little to no
resources to put toward their own development
What’s the Point of the Theory?
• The Economics of periphery countries rely on manual labor and to the
expert and to the export of raw materials to core nations.
• Then the Core Countries Process these raw materials and sell them at
a much higher price. And some of these manufactured goods back to
the periphery Countries from which the raw materials came
• Peripehery nations end up spending more money on the processed
goods.
• Some Countries were not developing around the world because the
international System was Actually preventing them from doing so.