Explain Frank’s thesis of development and underdevelopment.
ANSWER: Andre Gunder Frank’s Dependency Theory: Rethinking Development and Underdevelopment Andre Gunder Frank, an influential economist and scholar, introduced the Dependency Theory, which offers a critical perspective on global economic relations and the disparities between developed and underdeveloped nations. This theory challenges the conventional understanding of development and underdevelopment and underscores the significance of historical […]
Explain Frank’s thesis of development and underdevelopment. Read More »