Dialogues on Development

Dialogues on Development
Ushehwedu Kufakurinani, Ingrid Harvold Kvangraven, Frutuoso Santanta, Maria Dyveke Styve (ed.)
Young Scholar Initiative, 2017
Level: mittel
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Perspective: Marxian Political Economy, Other
Topic: North-South Relations & Development
page count: 106 pages
ISBN: 2472-6966

Book summary

The volume, released by YSI’s Economic Development Working Group, comprises interviews with 13 scholars from around the world who express a variety of viewpoints on the meaning and relevance of dependency theory in today’s context.

Is it time for dependency theory to make a comeback? Its central idea is that developed (”core”) countries benefit from the global system at the expense of developing (”periphery”) countries—which face structural barriers that make it difficult, if not impossible, for them to develop in the same way that the already developed countries did. As neo-classical economics came to dominate the field in the 1980s, the theory lost prominence and traction. Given the vast imbalances that persist within and among nations in the global economy today, it’s an opportune time to revisit the framework.

Tags: capitalism | colonialism | dependency | developing countries | development | Development Economics | Emerging economies | global order | Global South | inequality | open access
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