- Trends in Business and Economics
- Vol: 19 Issue: 2
- DEPENDENCY THEORY: STILL AN APPROPRIATE TOOL FOR UNDERSTANDING THE POLITICAL ECONOMY OF THE MIDDLE-E...
DEPENDENCY THEORY: STILL AN APPROPRIATE TOOL FOR UNDERSTANDING THE POLITICAL ECONOMY OF THE MIDDLE-EAST?
Authors : Hamza Ateş, Muharrem Es, Yüksel Bayraktar
Pages : 0-0
View : 11 | Download : 4
Publication Date : 2010-11-27
Article Type : Other
Abstract :Abstract: Although dependency theory is usually described as the worldview of the 1960s and 1970s, economic and political life in poor countries are still not able to overcome their standing problem of dependency on other countries. This article argues that dependency approach is still an appropriate tool for explaining economic and political situation in the Middle Easter countries. Within this framework, the article articulates the dependency theory and the modernization approach, a related concept, and evaluates the explanatory power of the dependency theory in such fields as finance, nutrition, oil and industry. Keywords: Dependency, Dependency Theory, The Middle East, Third World Development, ModernizationKeywords :