Home » Modernization Theory and Economic Development: Discontent in the Developing World by Bret L. Billet
Modernization Theory and Economic Development: Discontent in the Developing World Bret L. Billet

Modernization Theory and Economic Development: Discontent in the Developing World

Bret L. Billet

Published September 14th 1993
ISBN : 9780275944469
Hardcover
160 pages
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 About the Book 

The debate between modernization theory and dependency theory has been waged for decades without either being fully accepted. Billet attempts to bridge the gap in that debate by evaluating the underlying causes of economic discontent in theMoreThe debate between modernization theory and dependency theory has been waged for decades without either being fully accepted. Billet attempts to bridge the gap in that debate by evaluating the underlying causes of economic discontent in the developing world. The authors evaluation is based on a theoretical and empirical analysis of the interrelatedness of external forms of development capital and the implications of these patterns not only for modernization and dependency theorists but also for the least developed countries of the world. The purpose of this analysis is two-fold: (1) to evaluate the degree to which modernization and/or dependency theory is applicable to the experiences of developing countries- and (2) to evaluate why external capital flows have resulted in an overabundance of economically discontented developing countries.