Frank Gunder Frank: A Closer Look
Download as PPTX, PDF8 likes3,195 views
This document discusses Andre Gunder Frank's dependency theory of development and underdevelopment, which argues that underdevelopment is caused by economic dependency on developed nations rather than internal deficiencies. It asserts that the world economy is organized to transfer economic surplus from poorer satellite nations in the periphery to richer metropolis nations at the core. While residents of developed nations benefit from higher standards of living as a result, the greatest gains go to capitalists in metropolitan countries and elites in satellite nations.
Frank Gunder Frank: A Closer Look
- 1. By: April Van E. Diwata 11/27/2013 1
- 2. • Underdevelopment, is not a product of certain internal deficiencies • The root cause of underdevelopment in the dependency perspective is economic dependency 11/27/2013 2
- 3. • The concepts of development and underdevelopment have meaning only when applied to nations within the capitalist world-economy. • Metropolis and Satellite 11/27/2013 3
- 4. • The flow of economic surplus in the worldeconomy is from the satellite (periphery) to the metropolis (core), and the worldeconomy is organized to make this happen • development of underdevelopment 11/27/2013 4
- 5. • While the members of developed nations do benefit from this, since, their standard of living is raised substantially. But the greatest benefits go to capitalists in the metropolitan countries, as well as to the agricultural and industrial elites of the satellite countries 11/27/2013 5
- 6. 11/27/2013 6
- 7. Jeffrey, Emeh Ikechukwu Eke. (2012). A Discourse on Andre Gunder Frank’s Contribution to the Theory and Study of Development and Underdevelopment. Greener Journal of Biological Sciences, Vol. 2 (3), pp. 052-065. Retrieved from http://www.gjournals.org/GJBS/GJBS%20PDF/2012/November/Eme h.pdf 11/27/2013 7