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Deng Xiaoping

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Md. Belal Hossain
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14 views

Deng Xiaoping

Uploaded by

Md. Belal Hossain
Copyright
© © All Rights Reserved
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
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Deng xiaoping

-Deng changed the structure of the Chinese Communist party. Firstly, he


encouraged the introduction of younger members into positions of authority, in a
bid to modernize China
Korean War:
On June 25, 1950, the Korean War began when some 75000 soldiers from the
North Korean People's Army poured across the 38th parallel, the boundary
between the Soviet-backed Democratic People's Republic of Korea to the north and
the Pro-Western Republic of Korea to the south. This invasion was the first
military action of the Cold War. By July, American troops had entered the war on
South Korea's behalf. As far as American officials were concerned, it was a war
against the forces of international communism itself. After some early back and
forth across the 38 parallel, the fighting stalled and casualties mounted with
nothing to show for them. Meanwhile, amrecian officials worked anziously to
fashion some sort of armistice with the North Koreans. The alternative, they feared
would be a wider war with Russia and China or even, as some warned, World War
II. Finally, in July 1953 the Korean War came to an end. In all, some 5 million
soldiers and civilians lost their lives during the war. The Korean peninsula is still
divided today.
Dependency theory:
Dependence a situation in which the economy of certain countries is conditioned
by the development and expansion of another economy to which the former is
subjected. The relation of interdependence between two or more economies and
between these and world trade, assumes the form of dependence when some
countries (dependent ones) can do this only as a reflection of that expansion, which
can have either a positive or a negative effect on their immediate development (dos
Santos, 1970).
Dependency theory is a neo-Marxist theory that highlights structural imbalances
within international capitalism that impose dependency and underdevelopment on
poorer states and regions.
Dependency theory, an approach to understanding economic underdevelopment. It
was first proposed in the late 1950s by the Argentine economist and statesman
RauPrebish, dependency theory gained prominence in the 1960s and 70s.
Dependency theory is the notion that resources flow from a "periphery" of poor a
and underdeveloped states to a "core" of wealthy states, enriching the latter at the
expense of the former. It is a central contention of dependency theory that poor
states are impoverished and rich ones enriched by the way poor states are
integrated into the "world system".

Characteristics of dependency theory:


1. economic growth is not self- activating;
2. Profits are normally repatriated, but not reinvested;
3. The production of export industries is dependent on imported inputs;
4. Income, employment and growth are determined by
a. The prices and the demand conditions of international market;
b. The willingness of transnational corporation to invest;
5. Income, employment and growth are conditioned by
a. Changes in the prices and types of imports;
b. economic fluctuation abroad;
c. changes in technologically created substitutes
6. backward and forward linkages of export activities are very rare;
7. foreign capital, foreign technology and management are dominant economic
actors.

Criticism of dependency theory:


1. the countries on the periphery of development are not destined to stagnation. So,
dependency theory is an incomplete and inaccurate description of the
socioeconomic conditions of LDG.
2. there are many dependent countries on the periphery. They do change their
economic structure. According to Prof Warren, they have achieved very rapid
economic growth.
3. this theory does not highlight how the countries that follow a dependent
development pattern suffer from a variety of economic ills, such as regressive
income distribution, an emphasis on luxury goods underutilization and exploitation
of human resources, over reliance of foreign firms for capital intensive technology
and the perennial problems of poverty and unemployment.

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