Arghiri Emmanuel's theory of unequal exchange, was somehow an analysis of the deteriorating terms of trade for the less developed…
Dependency development is an area of dependency theory which analyses the export of primary resources from resource-rich but industry-poor countries
the capitalist mode of production has only permeated the centre economies and their international relations with the periphery.
Warren argued that in the long run the capitalist mode would lead to elimination of dependency or to a development…
In this article we focus on the concept of growth and development as an approach that is sometimes erroneously associated…
Capital accumulation and formation remains at a very low level. As fore, remain low. On the supply side, the low…
Hirschman stressed his point by saying that if a country were ready to apply the doctrine of unbalanced growth, then…
Growth pole is the concentration of technically advanced industries that stimulate economic development in associated businesses and industries.
Lewis and Rostow both focused on rising per capita income as the central measure of growth; they conceived of economic…
Industrial relations define relationships between employers and employees toward each other in terms of supervision, direction, planning and coordination