For decades, the global economy has promised convergence. The message has been straightforward: open your markets, liberalise your trade, attract investment, and prosperity will follow. Yet many ...
The Manila Times on MSNOpinion
'Ayuda' and dependency: Examining the long-term social impact on poverty alleviation
FILIPINOS are generous, there is no doubt. But many cannot pour from an empty cup they have. Their own lifeline is thin, yet ...
Ever since Argentine economist Raúl Prebisch and German economist Han Singer proposed the "dependency theory" in the 1950s and 60s, there has been a heated debate between developing and developed ...
DEPENDENCY theory emerged in the 1960s and ’70s as a Marxist critique of the ideology of “modernisation” which argued that “poor” countries could “develop” by following the same path as ”wealthy” ...
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