Dependency Theory

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Dependency theory was, initially, it was developed in brazil in the years leading up to the 19 64 cu. It was developed in two distinct circles of intellectuals. The sepal really lost its sense of direction and some of its legitimacy amid what you call the twin fiascos of their relationship to the alliance for progress. And then also the cuban revolution. In this context that really helped facilitate the rise of dependency theory.

Historian Margarita Fajardo on her book The World That Latin America Created: The United Nations Economic Commission for Latin America in the Development Era. Fajardo discusses the Latin American economists at the Economic Commission for Latin America and the Caribbean (CEPAL) who conceptualized the division of the global economy between center and periphery, and how that later gave rise to dependency theory and world systems theory. Plus Cuban Revolution and the Alliance for Progress, Allende's democratic road to socialism and right-wing coups in Chile and Brazil—and more. Support The Dig at Patreon.com/TheDig