Ingrid Kvangraven, Farwa Sial and Carolina Alves explore the relevance of dependency theory today.
Why are some countries rich and some poor? Why is it difficult – seemingly impossible – for poor countries to catch-up? What is it that is particular to developing countries and their position in the global system that makes economic development difficult? These questions are at the core of an approach to development that came to be known as dependency theory.
Dependency theory is a family of theories that attempt to explain the uneven development across the globe. There is much disagreement within the dependency theory tradition regarding why inequality between countries seems to be increasing,