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Elusive Development

A blog about development challenges in the developing world

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Tag: underdevelopment

Foreign Direct Investment: The Opium for Development
  • Dmitry Pozhidaev
  • July 19, 2024

Foreign Direct Investment: The Opium for Development

A Marxist Take on Investment Hopes Last week I presented our research (with Boris Kagarlitsky) at the annual meeting of the Armenian Economic Association in Yerevan. The research takes the Marxist

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Dependency Theory After 50 Years: Development, United Nations, War in Ukraine and the Global Fragmentation
  • Dmitry Pozhidaev
  • February 20, 2024February 20, 2024
  • 1 Comment

Dependency Theory After 50 Years: Development, United Nations, War in Ukraine and the Global Fragmentation

This book by the prominent Argentinian economist Claudio Katz explores the contemporary relevance of the dependency theory: to what extent does it explain today’s world? Dependency theory: the fu

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The uneasy balance of Western colonialism in Africa (Walter Rodney vs. Paul Bairoch) 
  • Dmitry Pozhidaev
  • August 2, 2023August 2, 2023

The uneasy balance of Western colonialism in Africa (Walter Rodney vs. Paul Bairoch) 

This is not a real review; rather this is a homage to two great, but very different books, written 20 years apart: Walter Rodney’s How West Underdeveloped Africa published in 1972 and Paul Bairoc

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