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How dependency applies to Latin American

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  1. How dependency applies to Latin American

The Latin America dependency theory is a component of political-economic believed that advanced out of the UN Commission for Latin America and the Caribbean after the Second World War. The approach has a view that the capitals stream from a periphery of poor and weak countries to a core of those well-off nations, thereby enriching the latter at the expense of the former (Kline et al., 2018). The dependency theory applies that under-development as practiced in Latin America and somewhere else is the direct consequence of the capital intrusion, and intervention, rather than a condition of lacking investment or development. The theory arose as a response to transformation theory, a quasi-evolutionary movement of economic development that suggested that nations move linearly over consecutive stages of growth (Hoyos, 2015). Dependency models are taking the theory that political and economic influence is heavily focused and compacted in the most developed nations.

The theory applies that third world nations do not just survive in isolation. Therefore the flow of control and power only comes from the First World. Secondly, inside the global economic and political structure, there is a significant expanse of relations amongst the core nations and peoples, and amongst the core and boundary (Posada, 2016). Third, economics and politics are often related, and therefore cannot be understood apart from each other. The economic bonds and relationships between core and periphery nations are particularly significant. Fourth, the global system of links is duplicated within individual Third World nations. There is always a core that accurately dominates and exploits the periphery of the government (Kline et al., 2018). Last, the underdevelopment of the weak Third World countries is openly related and makes possible the development of the most powerful nations of the industrialized core.

  1. Five people from Latin American History

Simón Bolívar (1783-1830)

Simon was born in the aristocratic Creole family, and he was a Venezuelan military and political leader. He has the legacy of having served dramatically in the independence of Bolivia, Peru, and Ecuador. He widely introduced the ideas of enlightenment that made him overthrow the Spanish in colonial South America.

Fernando Henrique Cardoso

He is a well-known Brazilian sociologist, professor, and political figure who also worked as the 30th head of state of Brazil. He is an accomplished scholar that is noted for the legacy of the research on slavery and the political theory.

Fidel Castro

He was a Cuban political figure and revolutionary who worked as the Prime Minister and the president of Cuba. He received many honors and has legacies of implementing the Spanish Gold Medal of the senate

Gabriel Garcia Marquez

Is a Columbian journalist, novelist and screenwriter, and short story writer? He is well known for the novels he wrote. He has a legacy of writing most prominent books like the One Hundred Years of Solitude, Love in the Time of Cholera and The Autumn of the Patriarch.

Diego Rivera (1886–1957

He was one of the Mexican muralists, together with his counterpart David Alfaro they brought art out of museums and into the streets. This invited international controversy because he was also a leading figure in Operation Condor.

  1. Why is democracy in Latin America so fragile?

There is a lot of inequalities in the region, and the elites have no word to the poor; the negative influence of the hegemonic power in the area is backing the conservative even fascist forces. Did the revolutions in Latin America have some patterns? The riots were majorly led by women and young men who the families of the middle class and even the privileged; they chose to cast-off their class freedoms and labour for the societal change (Loaiza et al., 2015). Latin America’s case of transition and modernization is volatile and strange. It reflects the economic, social, cultural and politico-constitutional challenges (Kline et al., 2018). The administrative systems in Latin America and the Caribbean plagued populism, militarism technocracy and therefore influenced the democracy, guerrillas and dictatorship. Globalization and the spread of the social models of consumption have significantly led to the degradation of the ecosystems.

References

Loaiza Maya, R. A., Gomez‐Gonzalez, J. E., & Melo Velandia, L. F. (2015). Latin American exchange rate dependencies: A natural vine copula approach. Contemporary Economic Policy, 33(3), 535-549.

Hoyos, H. (2015). Beyond BolaÐo: The Global Latin American Novel. Columbia University Press.

Posada-Carbó, E. (Ed.). (2016). Elections before democracy: the History of Elections in Europe and Latin America. Springer.

Kline, H. F., Wade, C. J., & Wiarda, H. J. (2018). Latin American politics and development. Routledge.

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