Dependency Development
Dependency development is an area of dependency theory which analyses the export of primary resources from resource-rich but industry-poor countries
Dependency development is an area of dependency theory which analyses the export of primary resources from resource-rich but industry-poor countries
the capitalist mode of production has only permeated the centre economies and their international relations with the periphery.
Warren argued that in the long run the capitalist mode would lead to elimination of dependency or to a development out of dependency.
In this article we focus on the concept of growth and development as an approach that is sometimes erroneously associated with well- being.
Capital accumulation and formation remains at a very low level. As fore, remain low. On the supply side, the low incomes result in a small productivity
Hirschman stressed his point by saying that if a country were ready to apply the doctrine of unbalanced growth, then it would not be underdeveloped.
Growth pole is the concentration of technically advanced industries that stimulate economic development in associated businesses and industries.
This is a debate on the basic structure of the development process and on the most important sources of and obstacles to growth within development
There are a couple of principles of good industrial relations, but all depend on the efficiency of the players in the system.
The trade unions have a crucial role to play in smooth industrial relations. It is true that the unions have to protect and safeguard the workers’ interests.