Dependency

 

INTRODUCTION

Dependency refers to an historical condition which shapes a certain structure of the world economy such that it favors some countries to the detriment of others and limits the development possibilities of the subordinate economics ( developing countries). Sometimes  dependency also can be defined as a situation in which the economy of a certain group of countries is conditioned by the development and expansion of another economy.

Dependency theory focused on individual nations, their role as suppliers of raw materials, cheap labor, and markets for expensive manufactured goods from industrialized countries. The unequal exchange relationship between developed and developing countries was viewed as contributing to poor economic growth (Martinell, 2005)

Dependency theory emphasized the role of external relationships in the developmental process. Relationships with developed countries and particularly with multinational corporations were viewed as barriers. Economic growth was controlled by forces outside the national economy.

Dependency theory is the result of an extensive search to find a theoretical framework to sufficiently analyze and explain both development and underdevelopment within the international system and also the theory trying to show why some countries especially Western countries and North American countries are rich while others are still poor especially those of the third world countries such as African countries (Martinell, 2005).

The dependency theory have many significances to many countries around the world; Tanzania as example, so the following below are the significance of dependency theory to Tanzanian society or community.

First, they aware that external capital and aids could never solve the problem of underdevelopment instead Tanzanians themselves should working hard for the development of their nation, flow of external capital and aids or assistance did not intended to brought economic development of Tanzania and its citizens but are there to still undermine Tanzania economic development because this capital and aids were given to Tanzania for high interest that late lead to high debts and exploitation of our natural resources that Western countries take as are payment of this assistance. So if Tanzanians could allow this foreign capital and aids to come in they country rather than working hard they could still poor forever and ever (Anin, 1997).

Second, they learned that in order to attain economic development Tanzanians and it is government should invest more in technology and innovations, one of the best things that Tanzanian gets from the dependency theory is that in order to attain stable and more solid national development government and it's people should invest more in technology and innovation, this is because of fact that technology and innovation facilitate and speed up the development processes because bring new way of production and save the cost of production also transportation and communication processes become more easier hence national development processes could be easier again (Anin, 1997).

Third, they learned the surplus must be used for capital accumulation again  and not spending only. Here in order to be out from dependence, surplus accumulated by individuals must respect and think about increase capital for huge development. Rather to spending the surplus on things like luxury, doesn't stand economic development never (Billet, (1993).

Fourth, they come to realize that local goods produced by our local industries should be promoted, supported, motivated and encouraged  by the states, importance of the dependency theory to Tanzanian is that it emphasize more in promoting, encouraging, supporting local innovator and craft man and use of their manufactured goods . Innovation and other technological tries or attempt made by those local innovator should be respected and alo we should use more our local goods than imported one, to use more imported goods is to benefit outside and undermine our economy.

Fifth, they learned that industrialization is the best way for national economic development, in sense that for any national in order to attain her economic prosperity investing much in industries it is inevitable and all this step should be done by Tanzanian individuals and it is government. No industrialization no huge economic changes could occurred in a certain nation. So in order Tanzania to have stable and more solidified economy both individual citizens with capital and it is government should ensure that they investing much in industries than any other sectors as our president Magufuli did.

Also the population it is important aspect towards development, the theory trying to show us that all developed countries were developed because of having high number of people within a state, this is due to fact that it ensured availability of labor in different projects that late developed them, also new innovation were made because of high population and so on, so Tanzania as one of the nation wants to have stable economy should have high number of people hence slowly development could come (Ahiakpov,1985).

Then learned well utilization of natural resources Tanzania they have. Here many leadership accompanied with private sector should utilities well natural resources for the benefits of Tanzanian country. For example minerals, Oils, natural gas, animals, plants, water and other natural resources must use in respect way. To do so Tanzania societies can success out of dependence foreign aids, hence they can be busy to build they country and easy to get Massive economic development (Ahiakpov,1985).

Government leadership must self-sacrifice more and be patriotic on development of home country. Under this all leadership especially government should everyone be patient in his/her sides cries for economic revolution and removal foreign dependence and to be patient against exploiters like European. The good example is to be as President Magufuli, Tanzania if we believe and follow him development is possible (Rodney, 1972).

Generally, dependence theory is so crucial to many underdeveloped countries if they applied well accompanied with modernization theory. But everything is possible if you decide, because this gape of economic development between poor and rich countries started during colonialism, and some of countries successes to make strong revolution and nowadays is richness countries (Anin, (1997).

 

 

 

 

 

REFERENCES.

Anin, S (1997). Unequal Development: An Essay on the Social Formation of Periphery Capitalism. London: Oxford University press.

Ahiakpov, J. C. W (1985). The Success and Failure of Dependency Theory: The Experience of Ghana. Ghana: International Organization press.

Billet, B. L (1993). Modernization Theory and Economic Development: Discontent in the Developing World. London: Oxford University press.

Martinell, A (2005). Global Modernization: Rethinking the Project of Modernity. Cambridge: Cambridge University Press.

Rodney, W (1972). How Europe Underdeveloped Africa. Beyond Borders: Thinking Critically about Global issue. London: Bogle- L'ouverture Publication.