What are the restrictions of dependency theory, Business Economics

What are the restrictions of dependency theory?

The restrictions of dependency theory:

• Self sufficiency and import-substitution strategy mean the advantages of International trade are lost and welfare decreased;

• Arrangement leads to government failure;

• Lack of competition leads to decreased consumer choice and market failure.

Posted Date: 8/29/2013 6:42:06 AM | Location : United States







Related Discussions:- What are the restrictions of dependency theory, Assignment Help, Ask Question on What are the restrictions of dependency theory, Get Answer, Expert's Help, What are the restrictions of dependency theory Discussions

Write discussion on What are the restrictions of dependency theory
Your posts are moderated
Related Questions
Growth in Private Capital Flows is explained below: There has been a extraordinary growth in private capital flows since the 1990s. For instance, the value of capital flow tran

How is Gross Domestic Product capturing the economic dimension of human well-being? GDP (Gross Domestic Product) only captures the economic dimension of human well-being. All c

What are the implications of Environment in Economic Growth? Implications of Environment in Economic Growth: Only government can suppose liability for protecting natural res

Stakeholders have various interests or ‘stakes’ in a project. How can you find out where to put your management effort? Preferably, all stakeholders will have closely same crit

what microevrionmental factors have affected Sony''s performance since 2000

Illustrate some example of the development process affected on culture. Examples of the development process affected on culture: • Foreign Direct investment (FDI) and IMF st

Suppose that EBV is considering a $5m Series A investment in Newco. EBV proposes to structure the investment as 5m shares of CP with FV of $5m, one-to-one conversion to common, and

Is dependency a problem in Less Developed Countries? Problem: DCs exploit Less Developed Countries by extracting their surplus value. This value becomes the difference among

Does the structure of the population issue? Dependents into an economy, children as well as old people are assists by the economically active. Dependency ratio uses to measure