Andre Gunder Frank
Life
- Born: February 24, 1929, in Berlin, Germany.
- Education: Earned a PhD in Economics from the University of Chicago in 1957.
- Career: Taught at universities worldwide, including in Brazil, Chile, Canada, and the Netherlands. Key figure in dependency theory.
- Died: April 23, 2005, in Luxembourg.
People Who Influenced Their Thought
- Karl Marx: Influenced Frank's critique of capitalism and focus on economic structures.
- Paul Baran: His work on underdevelopment and monopoly capital shaped Frank's dependency theory.
- Fernando Henrique Cardoso: Collaborative work on dependency and development in Latin America.
Main Ideas and Publications
- Capitalism and Underdevelopment in Latin America (1967): Argued that underdevelopment was a result of capitalist exploitation.
- Dependency Theory: Proposed that rich nations exploit poor ones, perpetuating underdevelopment.
- ReOrient: Global Economy in the Asian Age (1998): Challenged Eurocentric views of global economic history.
Controversies
- Criticism of Dependency Theory: Some economists argued it oversimplified global economic dynamics and ignored internal factors in underdevelopment.
- ReOrient: Faced pushback for downplaying Europe's role in the rise of the modern world economy.
Key People Influenced by Their Thought
- Immanuel Wallerstein: Expanded on Frank's ideas in world-systems theory.
- Samir Amin: Applied dependency theory to African contexts.
- Giovanni Arrighi: Built on Frank's critiques of global capitalism.
Legacy
Andre Gunder Frank revolutionized development economics with his dependency theory, challenging traditional narratives of underdevelopment and globalization.