1. Integration and the Association of Southeast Asian Nations
According to another underlying theory of World-Systems Theory, the Dependency Theory, resources stream from the underdeveloped states (Periphery Countries) to the developed states (Core Countries). ... Although Service Contracts, Concession Contracts and Production Sharing Contracts quite differ from one another, all of them can be disadvantageous to an underdeveloped nation. Underdeveloped nations, which are abundant in resources, signs contract with another country to initiate service for the country, usually mining or oil exploration and extraction. Since the underdeveloped country has no ...
- Word Count: 846
- Approx Pages: 3
- Grade Level: Undergraduate