POLI 319 Lecture Notes - Lecture 12: Core Countries, Four Asian Tigers, Import Substitution Industrialization
28 May 2016
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Document Summary
Dependencia: economic theories of development, modernization, and marginalisation. Dependency theory: theory that originated in latin america among latin american scholars and offers a complement to the mainstream modernisation theory. 1- arose in 1950s north america and europe. 2- brought a set of policy prescriptions to make developing countries more like developed ones. 3- aimed to transform economies as well as societies and value systems. To understand dependency theory and how it originated and its timing, modernisation theory must be looked at first. Modernisation is a political science theory but has been influential on other fields: it also emerged as policy prescription in the global north. It emerged in the context of how poorer countries can catch up economically. It envisioned a program not only based on economic policies but it was a holistic theory that also emphasised political and social features. It envisioned a total transformation to the modern .
