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CAPITALISM AND THE THIRD WORLD

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CAPITALISM AND THE THIRD WORLD

Development, Dependence and the World System

9781852787851 Edward Elgar Publishing
Wil Hout, International Institute of Social Studies, the Netherlands
Publication Date: March 1993 ISBN: 978 1 85278 785 1 Extent: 240 pp
Capitalism and the Third World is the first comprehensive assessment of dependency and world systems scholarship, and questions whether such theories offer a scientific basis for the study of international relations.

Wil Hout skilfully compares the theories of dependency and world systems with their theoretical predecessors and competitors. In the first part of the book comparisons are made with traditional economic and neo-Marxist theories of imperialism, the liberal theory of international free trade, Prebisch’s structuralism and modernisation theories. The second part analyses the writings of Andre Gunder Frank, Samir Amin, Johan Galtung and Immanuel Wallerstein, and tests three causal models derived from the writings of these scholars using quantitative macro-political and macro-economic data.
Winner of the Annual Award 1993 of the Dutch Political Science Association

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Capitalism and the Third World is the first comprehensive assessment of dependency and world systems scholarship, and questions whether such theories offer a scientific basis for the study of international relations.

Wil Hout skilfully compares the theories of dependency and world systems with their theoretical predecessors and competitors. In the first part of the book comparisons are made with traditional economic and neo-Marxist theories of imperialism, the liberal theory of international free trade, Prebisch’s structuralism and modernisation theories. The second part analyses the writings of Andre Gunder Frank, Samir Amin, Johan Galtung and Immanuel Wallerstein, and tests three causal models derived from the writings of these scholars using quantitative macro-political and macro-economic data.

This valuable study will be widely used for courses on international political economy and development economics. It will be of particular interest to those studying the political economy of North–South relations.
Critical Acclaim
‘The book is characterized by a high degree of objectivity, systematic analysis and exactness, in short, by scientific solidity. It reflects the author's sense of originality and his capability to present a clear, consistent and well-considered argumentation. The author exhibits scholarly courage by putting to the test a theory that has been an article of faith for many scholars and policy makers. . . . this study is an extremely valuable contribution to political science in the Netherlands and abroad.’
– Recommendation by the Dutch Political Science Annual Award Jury

‘This is an important volume worthy of very careful examination.’
– Shahid Qadir, Third World Quarterly

‘. . . this is a well-constructed and valuable study of the implications of a major theoretical approach in international relations. The case presented by Hout is clear and, perhaps more importantly, accessible to those with an interest in development economics and international political economy. Undoubtedly, Capitalism and the Third World is a notable contribution to international relations literature.’
– John D. Phillips, Kyklos
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