Growth pole is the concentration of technically advanced industries that stimulate economic development in associated businesses and industries. These concentrations…
Lewis and Rostow both focused on rising per capita income as the central measure of growth; they conceived of economic…
Hirschman stressed his point by saying that if a country were ready to apply the doctrine of unbalanced growth, then…
In his Elimination of Dependency suggested process, Warren's main point was; certainly imperialism has led to the creation of a…
Baran conceptualized the causes of underdevelopment in much the same way as his contemporary non-Marxist economists.
Neo-Marxism theories of underdevelopment and dependency appeared during the 1950s, partly as a reaction against the growth and modernization theories,…
One of the distinguish characteristics of developing countries is that their trade tends to be dominated by the export of…
Many economists have recently argued that it is weak institutional structures that are the fundamental causes of underdevelopment because the…
Here are Some characteristics of developing countries that contribute to the low levels of labour productivity and poor economic performance
Introduction Andrea Gunder Frank, like Baran, was interested in identifying the causes of underdevelopment, but unlike his predecessor he did…