Dependency Theory

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Who developed the Dependency Theory?
A.G Frank
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It's the idea that the world is split into 2 and what are the 2 sections called?
Core (developed) and Periphery (underdevloped)
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How does the core deliberately keep the periphery undeveloped?
By exploiting the periphery's cheap resources by buying their raw materials, maufacturing goods elsewhere and selling them back to original countries and labour by causing a brain drain by taking most skilled workers.
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What NICs argue this theory?
The Asian Tigers
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Who are the Asian Tigers?
Hong Kong, Singapore, South Korea and Taiwan
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Other cards in this set

Card 2

Front

It's the idea that the world is split into 2 and what are the 2 sections called?

Back

Core (developed) and Periphery (underdevloped)

Card 3

Front

How does the core deliberately keep the periphery undeveloped?

Back

Preview of the front of card 3

Card 4

Front

What NICs argue this theory?

Back

Preview of the front of card 4

Card 5

Front

Who are the Asian Tigers?

Back

Preview of the front of card 5

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