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This work investigates the structural mechanisms of unequal exchange and their role in perpetuating global underdevelopment within the framework of world capitalism. Ranjit Sau, an economist specializing in development and Marxist theory, utilizes a rigorous analytical approach to dissect how international trade relations systematically disadvantage peripheral nations. The text argues that the surplus value generated in developing economies is consistently transferred to industrialized centers, thereby reinforcing a cycle of dependency and economic stagnation.
What You Will Find
Experts in political economy recognize this text as a significant contribution to dependency theory and the critique of global trade structures. Readers frequently note the academic density of the prose, which requires a strong background in economic theory to fully grasp the author's arguments.
Page Count:
214
Publication Date:
1985-03-28
Publisher:
Oxford University Press
ISBN-10:
0195616200
ISBN-13:
9780195616200
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