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The invention of underdevelopment

Author

Listed:
  • Celso Furtado

Abstract

The author recalls the development theory to illustrate the notable differencesbetween the patterns and results of capitalist accumulation in central and peripheral regions.While in the former the result was an increase in wages and quality of life, he concludes thatin the peripheral regions there has been an upsurge in social inequalities and patterns of domination,in order to, based on these reflections, establish the concept of underdevelopmentand reflect ways of overcoming it. JEL Classification: O10.

Suggested Citation

  • Celso Furtado, 1995. "The invention of underdevelopment," Brazilian Journal of Political Economy, Center of Political Economy, vol. 15(2), pages 157-162.
    • Handle: RePEc:ekm:repojs:v:15:y:1995:i:2:p:157-162:id:1233
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    File URL: https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/1233/1218
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    More about this item

    Keywords

    Theory of economic development; underdevelopment; core and periphery;
    All these keywords.

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General

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