O it means that in the next 50 years the population

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o It means that in the next 50 years the population will continue to grow but eventually level off in the year 2100. With 10 billion people. Two theories trying to explain the North-South gap are World Systems Theory and Dependency Theory. First describe each of these theories. Then explain how they are similar and how they are different. Finally, do you find these theories to be persuasive; why or why not? o World Systems Theory: A Marxist approach to international affairs that divides the world into two parts: the Core (North) and the Periphery (South) o Dependency Theory:
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International economy is not one of interdependence (Per intuitionalism and Free Trade Theory) Capitalist international economy is characterized by 3 rd world dependence with trade, FDI (Neocolonization), and Foreign Debt *Dependencia doesn’t say to stop making primary products, but to stop making ONLY primary products. o Similarities: Approach to economic development Both scenarios have a core and a Periphery In terms of trade they both can have Engels Law (as I get richer the amount of products I consume stays the same) give comparative advantage to countries with only primary products o Differences: In World Systems theory Periphery is not connected, where as in Dependency Theory they are. If the North-South gap is due in large part to an abundance of capital in the North and a shortage of capital in the South, identify four different channels through which capital might move from the North to the South. From the perspective of a developing country, what are the advantages and disadvantages associated with getting capital through each of the four channels that you identified? o Direct Northern Governments to Southern Governments Foreign Aid (Official Development Assistance (ODA)) Advantages: Free (grants or Gifts) Disadvantage: Usually comes with Conditions (Militarry).
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