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Autonomy And Secondhand Oil Dependency Of The Yemen Arab Republic, Sheila Carapico
Autonomy And Secondhand Oil Dependency Of The Yemen Arab Republic, Sheila Carapico
Political Science Faculty Publications
Recent scholarship on state autonomy in the Third World has been influenced by the dependency thesis that capital accumulation at the core of the world economy is associated with economic underdevelopment and political dependency at the periphery. Dependency reasoning is rooted in a devastating empirical critique of the once prevalent modernization paradigm, in which national state policy was the central independent variable. According to dependency theory, peripheral nations' subordinate structural positions in the international political economy results in sacrifice of authoritative policy making to foreign investors, bankers, experts, governments, and institutions or their local counterparts. Typically specializing in primary commodity …