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2.1 EXTERNAL TRADE THEORIES

The structure of supply and demand in industrialized and developing countries is such that industrialized countries are able to reap the benefits from international trade. This transfer of resources makes development impossible, and these unequal trade relations are seen as the reasons for underdevelopment.

 

CAUSES OF UNDERDEVELOPMENT AND CONCEPTS FOR
DEVELOPMENT
— AN INTRODUCTION TO DEVELOPMENT THEORIES
  Introduction
1 MODERNIZATION THEORIES
1.1 DUALISM THEORIES
1.2 STRATEGY THEORIES
1.2.1 Theory of Balanced Growth
1.2.2 Theory of Unbalanced Growth
1.2.3 Theory of Stages of Growth
1.2.4 'Big-push' Theory
1.2.5 Theory of Development Poles
1.2.6 Theory of Circular Causation
1.3 SOCIAL-PSYCHOLOGICAL THEORIES
1.3.1 Sociological Explanation of Socioeconomic Change
1.3.2 Theory of Social Change
2. DEPENDENCE THEORIES
2.1 EXTERNAL TRADE THEORIES
2.1.1 Theories of Circular Deterioration of Terms of Trade
2.1.2 Theory of Immiserizing Growth
2.2 IMPERIALISM THEORY
2.2.1 Classical Imperialism Theory
2.2.2 Modern Imperialism Theory
2.3 DEPENDENCIA THEORIES
3 TOWARDS A GENERAL THEORY OF DEVELOPMENT
4 LITERATURE