DEPENDENCY THEORY
Some background
-Developed by a UN Director, Raul Prebich in late 1950s in response to
concern over disparities in development worldwide
Peripheral Countries
-Nations that are “weaker” or less developed
– e.g. Haiti – received unequal distribution of the world’s wealth
Core Countries
-Nations that have major influence, and are the most developed
– e.g. United States, France)
— Received majority of the world’s wealth; highly industrialized
nations
What is the theory?
-Dependency Theory think of development of some nations are
stagnant because of the exploitative nature of the previous core
countries
– Less developed periphery countries are said to primarily served the
interest of the wealthier countries and end up having little resources to
put toward their own development
– Peripheral nations are dependent on core countries
