Based on the idea that every country has the capacity to develop.

Every country moves forward and NOT back.

Focuses on ONE place, and NOT contrasting two.

LIBERAL economic theory emphasizes free trade, pure capitalism (supply and demand), and a little government interference.

Everyone has the opportunity to get power.

DEPENDENCY theory.

Suggests that some countries allow themselves to stay in poverty to obtain economic power usually as elite class.

Suggest that MDCs are keeping LDCs poor to keep power and wealth.

Structured against LDCs.

Countries are dependent on each other to stay static.

Theory analyses countries at international levels and economically compares.

PIGS move backwards. (EXAMPLES)

Core benefits from periphery.

Trade strengthens core and halts development at periphery.