Blog assignment and the topic is about Development Theory
Since Han Singer a Germany economist and Raul Prebisch and Argentina economist developed the “dependency theory” in the 1950s, there has been stiff debate concerning the developed and the developing countries regarding the theory (Sheng-huan, 2007). The theory holds that after attaining independence, it remains difficult for developing countries in the long range to eradicate poverty. This is attributed to the imbalanced international economic system. Since the developing countries are under the umbrella of the resource flow of the flow of the resources of the international chain enterprises, they have no alternative but depend on the advanced technology, abundant resources as well as human capital from the developed countries.
The depended theory has become a very primary weapon in restraining advanced countries such as China about trade as well as other typical policy formation. Perception of pressure emerging from the developing countries, typical researchers from developed countries have put their heads together to explain the theory and outlined its aims in distracting the attention of the developing countries (Frank, 2018). In the disguised dependency theory coat, their main objective is attacking chine and accusing it of having exploited resources from the other developing countries such as Africa, Asia as well as Latin America as well as selling for much cheaper and low-quality items to the developing countries.
The most recent attack was on the accusation of China in the utilization of the “One Belt, One Road” currently regarded as the Belt and Road Initiative in developing a type of new colonial relationship for many developing nations to be depended on China. A deduction from the western researchers, basically, they are logically determined to underpin the ideal answer before searching for the evidence based on sample studies carried out. Ideally, this kind of sample study is for distorting the principle as well as the original concept of the dependence theory and to attacks the commerce and the trade between developing countries and China (Frank, 2018). To some extent, it can be deduced that it is misleading the public opinion and the media resulting in the negative influence of the relationship between China as well as the other developing countries.
Historically, China has been the largest developing country globally. Since 1949, the nation has grown from the semi-feudal and semi-colonial society. China enjoyed a depended relationship with typically developed nations after it was established as the democratic state of the people. This was based on the fact that it was mandatory for China to rely on importing items even just a matchbox.
At the modern time, as a result of the constant struggle towards the elimination of poverty, the country has grown to be the second largest economy globally. About the Xinhua News Agency, China has developed a fully equipped industrial system covering the entire categories of industries as classified by the United Nations (UN). The nation has significantly contributed to global economic development. The country has attained remarkable progress in the improvement of the living conditions of billions of individuals (Cardoso, 2009). The growth of China ascertains that the nation has set a typical example of cutting off the western hosts’ umbilical code, providing some hope for the developing countries to attain similar achievements.
However, the dependency theory has turned out gradually serving as a tool for the western researchers to use in blackmailing China with an objective dividing developing countries. Even though China is presently the second biggest economy in the world, it is still a developing country in typical aspects and experiences a good number of developmental challenges. Nevertheless, its development course provides outstanding insights that the dependence theory will remain evolving forever (Cardoso, 2009). As a result of the Chinese continued efforts, it appears that China has walked a distinct path showcasing that it is possible to break away from the edge of the ancient dependency relationship.
In this era of globalization, there is no single country that has the capacity of developing with a policy depicted to be locked. Rather, it is ascertained that there is a need of being independent towards one another. Chinese development as a country is not possible without being supported by other developed countries. On a similar note, developing countries can hardly develop without Chinese support (Cardoso, 2009). Therefore, the relationship between developing countries and China is mutualistic.
In contrast, has developed an example of a far much achieving severing relationships considered to be dependent relationship gives an instance of imitating and studying. In contrast, China is willing to share the achievements and experiences with subsequent developing nations. Even though China seems to have attained significant progress within the previous years, it is still inclined to its initiation motivation. Under the aegis of “Thumb a Lift,” the Chinese president has opened up typical opportunities for the neighboring developing countries. Based on this declaration, it is clear that China is far much willing to share its achievements as well as the experiences with other developing nation and most importantly its neighbors.
References
Frank, A. G. (2018). The development of underdevelopment. In Promise of development (pp. 111-123). Routledge.
Cardoso, F. H. (2009). New paths: Globalization in historical perspective. Studies in Comparative International Development, 44(4), 296-317.
Sheng-huan, X. (2007). Autonomy-Dependency: An Analytical Framework for Utterance Producing [J]. Foreign Language Research, 2.