Theories of Unequal Exchange
Arghiri Emmanuel’s theory of unequal exchange, was somehow an analysis of the deteriorating terms of trade for the less developed countries.
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Dependency Development
Dependency development is an area of dependency theory which analyses the export of primary resources from resource-rich but industry-poor countries
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The Capitalist World System by Wallerstein
the capitalist mode of production has only permeated the centre economies and their international relations with the periphery.
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Elimination of Dependency by Warren
Warren argued that in the long run the capitalist mode would lead to elimination of dependency or to a development out of dependency.
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GROWTH AND DEVELOPMENT
In this article we focus on the concept of growth and development as an approach that is sometimes erroneously associated with well- being.
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Capital Accumulation and Balanced Growth
Capital accumulation and formation remains at a very low level. As fore, remain low. On the supply side, the low incomes result in a small productivity
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Unbalanced Growth and income Distribution
Hirschman stressed his point by saying that if a country were ready to apply the doctrine of unbalanced growth, then it would not be underdeveloped.
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The Growth Pole Theory
Growth pole is the concentration of technically advanced industries that stimulate economic development in associated businesses and industries.
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Modernization and Stages of Growth
Lewis and Rostow both focused on rising per capita income as the central measure of growth; they conceived of economic development as a modernization
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INTRODUCTION TO INDUSTRIAL RELATIONS
Industrial relations define relationships between employers and employees toward each other in terms of supervision, direction, planning and coordination
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Patterns of Development and Obstacles to Growth
This is a debate on the basic structure of the development process and on the most important sources of and obstacles to growth within development
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