frank gunder frank: a closer look
DESCRIPTION
Frank's Development of Underdevelopment EXPLAINEDTRANSCRIPT
04/11/2023 1
Frank: Development of Underdevelopment
By: April Van E. Diwata
04/11/2023 2
• Underdevelopment, is not a product of certain internal deficiencies
• The root cause of underdevelopment in the dependency perspective is economic dependency
04/11/2023 3
• The concepts of development and underdevelopment have meaning only when applied to nations within the capitalist world-economy.
• Metropolis and Satellite
04/11/2023 4
• The flow of economic surplus in the world-economy is from the satellite (periphery) to the metropolis (core), and the world-economy is organized to make this happen
• development of underdevelopment
04/11/2023 5
• While the members of developed nations do benefit from this, since, their standard of living is raised substantially. But the greatest benefits go to capitalists in the metropolitan countries, as well as to the agricultural and industrial elites of the satellite countries
04/11/2023 6
04/11/2023 7
Reference
Jeffrey, Emeh Ikechukwu Eke. (2012). A Discourse on Andre Gunder Frank’s Contribution to the Theory and Study of Development and Underdevelopment. Greener Journal of Biological Sciences, Vol. 2 (3), pp. 052-065. Retrieved from http://www.gjournals.org/GJBS/GJBS%20PDF/2012/November/Emeh.pdf