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Frank: Development of Underdevelopment

By: April Van E. Diwata

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• Underdevelopment, is not a product of certain internal deficiencies

• The root cause of underdevelopment in the dependency perspective is economic dependency

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• The concepts of development and underdevelopment have meaning only when applied to nations within the capitalist world-economy.

• Metropolis and Satellite

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• 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

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• 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

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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