Dependency Theory §

• Dependency Theory: Global Governance, created by rich states, to ensure poor states continue to depend on rich states ¹

  • Make sure the poor stays poor (economic independent)
  • Make sure the rich stays rich
    • Richer states can have influence on governance of poorer states through aid

• The Process ²

  • Developing countries export Primary Commodities: Unfinished products / Raw materials
  • Primary goods sold to rich, rich sells back more expensive value-added products ³

References §

Footnotes §

1. Neo-Marxism ↩

2. Chapter 6 International Political Economy ↩

3. Value-added Products: changing primary commodity adding more value to the product ↩