Question 1(a) · 10 marks · 163 words written
Opening · a definition
Dependency theory was given by AG Frank and improved upon by Immanuel Wallerstein.
Dependency Theory Persistent under development
Body · points and prose
LLITES (Metropolis benefits from cheap labour of satellites and natural resources)
Persistent under development
Replication of historical patterns Eg: Colonised countries poor because of exploitative relations. Eg:- South Africa and mining corporations of USA and France.
Global order benefits metropolis. Eg: IMF, WTO etc. require open markets for satellites, but
not open labour markets - UK and US xenophobia towards migrants.
Exploitation via neo-imperialism - Eg: France in sahel region in Africa.
Development of metropolis on the backs of satellites. Eg: Atlantic slave trade, Plantations etc.
Lack of technology transfer to under- developed countries. Eg: for climate transition, etc.
Critique 1. FDI is beneficial for economies and causes development.
Does not explain underdevelopment in non-colonised nations.
Lets go of idea of corrupt institution in
Close
countries - shifts the blame.
However, in a world of limited resources it remains imperative to note why some countries developed while some which were colonised did not.