Concept information
Preferred term
dependency theory in international relations
Definition
- Dependency theory is a school of thought that explains underdevelopment as the result of the processes by which poor countries and regions are incorporated into the capitalist world economy. Emerging in Latin American writing during the 1960s as a response to concerns about inequalities in economic power both between and within nations, dependency theory claims that features of the global capitalist economy produce a metropolitan-periphery system of unequal relations between developed and underdeveloped states. [Source: Encyclopedia of Power; Dependency Theory in International Relations]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/dependency_theory_in_international_relations
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