For decades, the global economy has promised convergence. The message has been straightforward: open your markets, liberalise your trade, attract investment, and prosperity will follow. Yet many ...
During the sixth session of the G-7 Summit in Hiroshima, Japan, on May 21, Indonesian President Joko “Jokowi” Widodo underscored the right of every country to development, which must be respected. As ...
This article is part of ourEconomy's 'Decolonising the economy' series. At a time when the COVID-19 pandemic and the murder of George Floyd have drawn attention to stark injustices and inequalities ...
Ever since Argentine economist Raúl Prebisch and German economist Han Singer proposed the "dependency theory" in the 1950s and 60s, there has been a heated debate between developing and developed ...
How does Marxist dependency theory help rethink the contemporary issue of environmental degradation?
“Ecology and capitalism, are, by their nature, in opposition” (Amin, 2009, p. 21). This blog employs a Marxist dependency framework as a useful “entry point from which to explore the contemporary ...
Why is this nation poor? The answers are mostly framed by two paradigms in looking at the world’s economies: the modernization theory, the ideological backdrop to “development,” and the dependency ...
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