DependencyTheorie
Dependency Theory is a body of social science theories that broadly states that economic development of some countries is "dependent" on the exploitation of richer countries. It emerged as a critique of modernization theory, which posited that all countries would develop in a similar, linear fashion. Dependency theorists argue that the underdevelopment of some nations is not a stage of development but a direct result of their integration into the global capitalist economy on unfavorable terms.
The core idea is that the global economic system is structured in a way that benefits the
Critics of dependency theory point to its deterministic nature and argue that it can overlook the agency