Subordination and Development
Sunanda Sen
Gebundenes Buch

Subordination and Development

Emerging Market Economies of Asia and Latin America

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This book provides an analysis of the impact of subordination in the major EMEs. Distinct from 'dependence' under official aid till 1970s, subordination prevailed over developing nations with liberalization of capital-flows by the 1990s when markets used as agents for overseas capital for extracting surpluses.