george beckfords view of underdevelopment in the contemporary caribbean Free Essay, Term Paper and Book Report
Theories of underdevelopment can be classified as theories derived from the dependency school of thought. The dependency school of thought explains economic development or lack thereof in the third world, to be as a result of external factors. According to Dos Santos,
dependency is an historical condition which shapes a certain structure of the world economy, such that it favors some countries to the detriment of others and limits the development possibilities of the subordinate economies
a situation in which the economies of a certain group of countries is conditioned by the development and expansion of another economy, to which their own is subjected. (The Structure of Dependence, 1971)
It is from these dependency theories that the concepts of underdevelopment and undevelopment emerge. Undevelopment refers to a condition where resources simply are not being used. While underdevelopment refers to a situation where resources are being used, however in a manner in which benefits the developed countries and not the developing countries in which the resources were found. Geo......
Word Count: 1636
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