March 31st

March 31st - March 31st Poli-460 Continuation of March 28th...

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March 31 st Poli-460 Continuation of March 28 th  notes C: Structuralism: Raul Prebisch - believed that a constant disadvantage exists  because agricultural products always sell for less than manufactured goods.  Primary products, furthermore, have inelastic demand.  Prebisch’s prescription for dependency: industrialization. Latin American  countries could still be primarily capitalistic with elements of socialize, but they  should industrialize. They could continue to have a limited economic relationship  with the center- primarily foreign investment (technological and investment  resources that would foster development in the periphery).  D: World Systems Theory: Immanuel Wallerstein- wanted to account for  countries like Brazil, Mexico, India, Nigeria- still part of the developing world but  had acquired a certain degree of wealth. Regional powers, semi-industrialized.  Additional to the periphery and the core, there is the semi-periphery
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March 31st - March 31st Poli-460 Continuation of March 28th...

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