Development Paradigms &Theory

Development Paradigms &Theory - DevelopmentParadigms...

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Development Paradigms  World-system Theory
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World-system Theory Immanuel Wallerstein (1970’s and 80’s) Aimed to more completely explain what  Modernization could not. Wallerstein sees the development of the  capitalist world economy as detrimental to a  large proportion of the world’s population Wallerstein criticized Modernization Theory 1) Too much focus on the nation-state as only unit of analysis. 2) Sees only single path of evolutionary development for all  countries. 3) Disregards transnational structures that constrain local and  national development
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World-system Theory Core, semi-periphery, and periphery  countries: Core countries:  dominate economically and  focus on higher skill and capital-intensive  production. Semi-periphery countries:   both are dominated  (by core ) and dominate (the periphery), and  focus on lower-skill, labor-intensive production 
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Development Paradigms &Theory - DevelopmentParadigms...

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