Dependency theory or dependencia theory is a body of social science theories predicated on the notion that resources flow from a "periphery" of poor and underdeveloped states to a "core" of wealthy states, enriching the latter at the expense of the former. It is a central contention of dependency theory that poor states are impoverished and rich ones enriched by the way poor states are integrated into the "world system."
The theory arose as a reaction to modernization theory, an earlier theory of development which held that all societies progress through similar stages of development, that today's underdeveloped areas are thus in a similar situation to that of today's developed areas at some time in the past, and that therefore the task in helping the underdeveloped areas out of poverty is to accelerate them along this supposed common path of development, by various means such as investment, technology transfers, and closer integration into the world market. Dependency theory rejected this view, arguing that underdeveloped countries are not merely primitive versions of developed countries, but have unique features and structures of their own; and, importantly, are in the situation of being the weaker members in a world market economy
Read more about Dependency Theory: Basics, History, Other Dependency Theorists, Further Reading
Famous quotes containing the words dependency and/or theory:
“For in all the world there are no people so piteous and forlorn as those who are forced to eat the bitter bread of dependency in their old age, and find how steep are the stairs of another man’s house. Wherever they go they know themselves unwelcome. Wherever they are, they feel themselves a burden. There is no humiliation of the spirit they are not forced to endure. Their hearts are scarred all over with the stabs from cruel and callous speeches.”
—Dorothy Dix (1861–1951)
“Osteopath—One who argues that all human ills are caused by the pressure of hard bone upon soft tissue. The proof of his theory is to be found in the heads of those who believe it.”
—H.L. (Henry Lewis)