Mary thanks for your extensive note on the role of IMF and so on and the
book you mentioned. For those of you youngearlings, in the l970 there
were a lot of books published using the theory "dependecny" thoery. This
was unfairly discredtied by various "mainstrean" economists and
institutions who received monies for research and publishing. The
main tenanat of dependency theory was that external agencies of
development casue the demise of third world domestic economies of the
third world countries. In actuality such investments benefit the donor
countries and institions and corporations. I will mention one or two
books that of Walter Rodney, How Europe underdveloped African. Perter
Jalee's Pilliage of the Third World. For theory Samir Amin's
book the title of which espaes me know and that of James D. Cockfrot,
Andre Gunder Frank and Dale L. Johonson, Dependence and Underdevelopment:
Latin America's Polotical Economy.
We even used to say that when the corporations of the "First World" sneeze
the economies of the Third world catch a cold. Actually it was "When
Firstone sneezes Liberia catchs a cold".
I hope the planners of Eritrean econmic development contiue to monitor, as
they have been doing, what is attached to the moinies they get.
Selam and ridette to all of us.
Salome Gebre-Egziabher
** To (SUB/UNSUB)SCRIBE from dehai, send mail to: majordomo@primenet.com **
** with one of the following commands in the body of your mail: **
** subscribe dehai your-email-address OR unsubscribe dehai your-email-address **