ABSTRACT
Investigates the theoretical propositions incorporated into the theory of unequal exchange. The discussion includes explanation of World Systems theory and unequal specialisation. Global inequalities are explained in this theoretical construct in terms of the dependence that poor countries have on the advanced developed economies and their agents, the Multinational Corporations and the competitive environment that is required in order to attract Foreign Direct Investment. The analysis then investigates the manner in which China has been able to develop using Foreign Direct Investment as a main driver of economic development and then utilise imported technology.
