North–South model
North south Model / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about North–South model?
Summarize this article for a 10 year old
SHOW ALL QUESTIONS
The North–South model, developed largely by Columbia University economics professor Ronald Findlay, is a model in developmental economics that explains the growth of a less developed "South" or "periphery" economy that interacts through trade with a more developed "North" or "core" economy. The North–South model is used by dependencia theorists as a theoretical economic justification for dependency theory.[1]