Published Dec 2, 2020



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Diego Miguel Zambrano Marquez

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Abstract

Dependence Theory has been deemed as an obsolete approach for the study of Latin-American reality. The success in other peripheral geographic areas that managed to position themselves at the core of the world economy by the end of the 20th century apparently meant that the said theory was not valid anymore. However, the Latin-American countries are still not capable to correct the structural deficiencies that inspired the inception of the dependence, as they are still today significantly dependent on the raw material trading. This paper aims to resume the debate on the Dependence Theory in order to recover some valuable insights for the reflection on the current socioeconomic trends in this region. This work attempts, in turn, to redefine the most rigid and obsolete theoretical aspects of the Dependence Theory in order to underline how it influenced current development discourses. In this vein, this paper highlights the parallel facts between the Dependence Theory and the academic literature on development and primary resources.

Keywords

Dependence Theory, Latin America, primary resource curse, raw material trading, raw material volatility.Teoría de la dependencia, América Latina, maldición de recursos primarios, comercialización de materias primas, volatilidad de materias primas.

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How to Cite
Zambrano Marquez, D. M. (2020). The Influence of Dependency Theory in Development Discourses of Latin America. Papel Político, 25. https://doi.org/10.11144/Javeriana.papo25.itdd (Original work published February 17, 2021)
Section
Dossier de América Latina, editado por: Iratxe Perea Ozerin, U. del País Vasco