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Question

Dependency theory is a critique of ___________.

The correct answer is
modernization theories

Dependency Theory as a Critique

Dependency theory is a school of thought primarily used in social science that focuses on the economic development of countries. It argues that the economic status of certain countries as 'developing' or 'underdeveloped' is not just due to their internal characteristics but is a result of their unequal position within the global capitalist economy.

Critiquing Modernization Theories

The core argument of dependency theory is that it serves as a critique of modernization theories. Modernization theories generally propose that less developed countries can achieve development by following the path taken by today's developed countries. They suggest a linear progression, often involving industrialization, urbanization, and Westernization.

  • Dependency theory challenges this linear view.
  • It posits that the development of 'core' (wealthy) nations often comes at the expense of 'periphery' (poor) nations, actively hindering the latter's development through exploitative economic relationships.
  • Therefore, dependency theory critiques the assumptions and outcomes predicted by modernization theories, highlighting structural inequalities in the global system.

Dependency theory argues that the global economic structure itself creates and perpetuates underdevelopment, directly opposing the foundational ideas of modernization theories.

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Important Questions from Development: Liberal–Marxist–Dependency

  1. Which of the following statement(s) is/are CORRECT?
  2. Which of the following statement(s) about the modernisation theory is/are INCORRECT?
  3. In his critique of modernization theory, Raúl Prebisch posits which of the following option(s) as central to his liberal theory of dependency?
  4. ___________ theory most appropriately describes a hierarchy of wealthy 'core' nations, poor 'periphery' nations, and a middle group of ‘semi- periphery' nations.
  5. ___________ theory postulates that developing economies would eventually catch up with the developed economies if they follow the social and economic models of Western capitalism.
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