Modernization and Dependency Theory

1122 WordsDec 4, 20125 Pages
While there are merits to both modernization and dependency theory, which one in your opinion aptly explains Pakistan’s current socio economic woes? A country plagued by a myriad of critical issues, Pakistan’s deepening woes have dented its image in the social and economic strata. While theorists have provided several ideologies concerning its current dilemma, this paper discusses Pakistan’s predicament in the light of the principles of the development theory: modernization and dependency theories. Both the theories relate to the implications of development in Third World countries; in this case being Pakistan. For a country to be seen as modern, modernisation theorists say it has to undergo an evolutionary advance in science and…show more content…
This has been the single most distinctive pattern in the country where it started producing what was good for others, rather than what benefited itself. This problem relates directly to the Neo-Marxist dependency theories where all trade is monopolist and controlled by the centre for it’s over benefit. The centre here refers to developed countries that attract local producers and the authorities alike; high profits for the former and foreign exchange for the latter. The Lumpen Bourgeoisie theory for Latin America constructed by Gunder Frank states that “All development is simply the development of underdevelopment.” Complying with this statement, local manufacturers and producers are striving hard – not to improve conditions in their own vicinity, but to pocket truck loads of cash for services provided abroad. Importers in the developing nations are scoring what they call a “double whammy”: not only are they earning huge amounts of profits owing to the cheap labour in Pakistan, they are also contributing to the further development of their own nation through these goods and services. Adversely, this dependence has grim repercussions in the society. Poverty is on the rise and disparity within the country has risen to an unprecedented high. The combined inflation during the last 4 years has been recorded to as high as an astonishing 200% (DAWN). The WHO reported that in 2010, around 62% of Pakistanis were living below the poverty line. These
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