Modernization Vs. Dependency Theory Essays - 1487 Words

LDC Advisement: Modernization Theory vs Dependency Theory The path to modernization is one never clearly defined. The following report will attempt to analyze and critique our nation’s potential options concerning social and fiscal policy and use this information in an attempt to recommend future policy agenda. We will be dealing with primarily two theories on national (i.e. LDC) policy - modernization theory and dependency theory. Both have their own sets of costs and benefits as well as they do policy approaches. But before we go further, we must compare the two in attempt to see if either would compromise our government’s mandate. Currently our nation has found itself at a crossroads between the progress†¦show more content†¦However, we must be careful to temper this zeal if we choose to embrace our cultural heritage, as it could (as above) kindle anti-western feelings and furthermore, if left unchecked could result in a radical-conservative challenge to our standing government. These things being said, before we can hope to implement a successful economic program, we must first ensure that we can retain the support of the people in our endeavors. Significant economic progress may be difficult or impossible to accomplish if we cannot maintain internal stability. We need only to look to the status of the second world to recognize this fact. Open markets do not encourage western investment when coupled with uncertain governing bodies. Considering now again the two base theories, we are faced with a decision to make concerning economic policy. Globalization will be the first practice we may consider. Essentially this involves a western-style model for the state - free-markets, easy transfer of goods and capital, western values/ideology. It is perhaps the most direct way to capture the attention of the west and accordingly - their investments. We may be able to more easily receive IMF approved loans as well and enjoy a bit of added regional security due to the increased vested interest of the west. The biggest problem with adopting this philosophy isShow MoreRelatedModernization Theory Vs Dependency Theory1227 Words   |  5 PagesModernization theory vs Dependency theory While many theorists have numerous explanations towards underdevelopment, experts like David Brooks and Peter Hallward have described the natural disaster in Haiti to be brutally destructive primarily due to its poverty. With this said, by reducing the poverty level in countries such as Haiti, it is possible to avoid the many disasters that they face. Reducing poverty means that society must accept development. What is development and how can it be achievedRead MoreDependency Theory vs Modernization Theory1322 Words   |  6 Pagesdevelopment can be achieved through either the Modernization Theory, a view from the Global North, or the Dependency Theory, a view from the Global South. These two approaches are diverse from each other; however there are notable similarities between them too. Both the theories lack in certain places thus fail to escape criticism, however the Dependency Theory looks at development in a broader aspect. To begin with, one of the main similarities between the theories is that they both give much attentionRead MoreDifference Between Modernization Theory And Dependency Theory Essay1571 Words   |  7 Pagesdifferences between modernization theory and dependency theory? Does the human development approach represent a radical departure from both? Modernization theory is a hypothesis used to clarify the procedure of modernization that a country experiences as it moves from a simple society to a modern one. Dependency theory is the idea that assets spill out of a fringe of poor and immature states to a centre of rich states, enhancing the latter to the detriment of the former. These two theories contrast in thatRead MoreThe Issue Of The American Dream1348 Words   |  6 Pagesmatter what the poor do, they are still at the mercy of those above them (big vs. little/core vs. periphery). Therefore, according to structuralist theory, change must occur from the external forces acting upon the poor, not from the poor themselves. This ideology of, â€Å"changing the big†, is directly representative of the American government and the wealthy class citizens of America. The structuralist dependency theory would suggest that the poor is conditioned and constrained by the development andRead MoreFamily Tree19118 Words   |  77 Pa gesFAMILY TREE OF THEORIES, METHODOLOGIES AND STRATEGIES IN DEVELOPMENT COMMUNICATION Silvio Waisbord, PhD Prepared for The Rockefeller Foundation INTRODUCTION This report presents a family tree of theories, concepts, methodologies and strategies for change in the field of development communication. It presents a chronological evolution and comparison of approaches and findings. The goal of this report is to clarify the understandings and the uses of the most influential theories, strategiesRead MoreMass Media, Communication Technology and Semiology2149 Words   |  9 PagesTake home exam â€Æ' Table of Contents Question 1: List and describe the four main mass media industries, as described in the course. Why is ownership of these industries generally seen as important? 3 Question 2: Semiotic theory tells us that every sign is polysemic: ie, it has different meanings for different people, but that they acquire a denotative meaning. Define denotation and using a carefully chosen example, explain how a sign acquires a denotative meaning. 4 Question 3: It was contendedRead MorePrinciples Of Trade Policy And Import Substituition Industrialization Essay2185 Words   |  9 Pagesexchange policy (Economy Watch, 2010). For most of the establishing nations, industrialization is an essential target, which is viewed as important to accomplish supported financial development, open doors of opportunity that lead to expansion and modernization of their economies. However, there are elective exchange strategies, which assume diverse part at the same time illustrates industrialization in these nations. Given the current phase of advancement and asset assistances exchange arrangements haveRead MoreTheoretical Approaches to Domestic Violence7490 Words   |  30 Pagesregarding violence is that it is only possible where there are the powerful and the powerless. An important point to consider is which factors create the powerful and the powerless. Turpin and Kurtz (1996) define a number of problems with the current theories on violence. First, the traditional disciplinary approaches obscure the problem of violence even as they have also clarified part of it. Interdisciplinary work is the most creative approach to this issue, but it is discouraged in the academy. SecondRead MoreEthics Is The Search For Universal Objective Principles For Evaluating Human Behavior, Good Or Bad Essay2386 Words   |  10 Pagessocieties today, ethics are developed by one’s religious belief, government, and through experience. Social ethics serve as the premise for morality when dealing with moral conflicts such as the preservation of indigenous ways of life compared to the modernization world we now live in. According to Lawrence M. Hinman â€Å"Understanding the Diversity of Moral Beliefs: Relativism, Absolutism, and Pluralism,† there are three common systems of thought regarding ethics, which are, absolutism, relativism, and plural ismRead MoreGlobalization: A Western Perspective3291 Words   |  14 PagesWashington consensus, often interchangeably used with neoliberal policies, has become a rod of dissatisfaction among anti-globalization. In theory, neoliberal policies seek to industrialize Latin America through western ideas and structure under the policy of â€Å"one size fits all†. Late development theory states that not all development will follow the same path as their predecessors. Each country accounts for its own history, culture, trajectory and variables for development. Globalization while it