Social Studies, 24.03.2020 03:31, bigmouth804

Dependency theory characterizes countries as being either in the center or on the periphery. Explain these two concepts. If this theory is correct, what are the implications for development strategy? Suppose that a developing country devotes extensive resources to improving the education and skill level of the labor force. How might this help the country avoid a coordination failure? Is this strategy likely to be successful? Why or why not?

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Dependency theory characterizes countries as being either in the center or on the periphery. Explain...