Answer to Question #293081 in Sociology for Brai

Question

How dependence theory relate with the context of corona virus

Answer 1

How Dependence Theory Relate  with Corona Virus Context.

Dependency theory is a school of thought in contemporary social science which seeks to share knowledge and give better understanding on  its possible causes, and how to overcome it. This theory emerged in Latin America in the 1960s, grew relevant in academic lanes and at regional organizations, spread rapidly to North America, Europe, and Africa, and continues grow stronger to contemporary arguments. Dependency theory on the other hand focuses on individual nations their role as suppliers of raw materials, cheap labor, and markets for expensive manufactured goods from industrialized countries. However, in this discussion shall focus on the relationship between dependence theory with corona virus context its influence and validity.

 

The COVID-19 pandemic has put the world into global health crises although developing countries are the most affected particularly due to low technological advancement. Dependency theory has played a key role in understanding and managing global trends of production, innovation and finance that deny developing countries an opportunity to address their crisis effectively. As Jayati Ghosh recently observed Covid-19 pandemic has inspired the urgency and importance of internationalism. Indeed, it has pointed out the need to work together as every country has its place in the community of Nations. Corona virus has led to a more inclusive world where nations have united in search of a solution. This pandemic has hit the entire world economies causing economic recession, massive loss of jobs which has affected the masses across the globe. In terms of sustained effort to combat Covid -19, the dependence theory is at play where we continue to witness shared technological gains, dispatching of medical equipment and drugs from wealthier nations to developing nations.

References

 Birkhauser. (2018). dependence logic.

Martin, W. Outgrowing Resource Dependence Theory and Some Recent Developments.

Doukhan, P., Oppenheim, G., & Taqqu, M. (2003). Theory and applications of long-range dependence. Birkhäuser.