The Political Economy of Underdevelopment

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The Political Economy of Underdevelopment is a seminal work of Marxist-inspired development economics that analyzes the historical and structural causes of persistent poverty and economic dependency in the Global South.

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Predicate Object
instanceOf Marxist-inspired work
book
work of development economics
addresses class relations in peripheral economies
role of the state in development
terms of trade deterioration
unequal exchange in the world economy
aimsTo explain persistent underdevelopment in the Global South
link domestic structures to global economic order
analyzes historical processes of colonialism
postcolonial economic structures
relations between core and periphery economies
argues international economic relations reproduce dependency
poverty in the Global South is linked to global capitalism
underdevelopment is structurally produced
associatedWith Global South studies NERFINISHED
critical development studies
critiques modernization theory
neoclassical development theory
describedAs classic text in dependency analysis
seminal work of Marxist-inspired development economics
emphasizes historical specificity of capitalist development
interaction of internal and external factors in underdevelopment
power relations in the world economy
focusesOn economic dependency
historical causes of underdevelopment
persistent poverty
structural causes of underdevelopment
influencedBy Marxist political economy
dependency theorists
mainTopic Global South NERFINISHED
development economics
economic dependency
political economy
underdevelopment
theoreticalFramework Marxism NERFINISHED
dependency theory
political economy approach
usedIn courses on Global South politics
courses on political economy
university courses on development economics

Referenced by (1)

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Amiya Kumar Bagchi notableWork The Political Economy of Underdevelopment