Abstract
The chapter provides an overview of the way in which the dependency research program was adopted and adapted in the European academia. In the 1970s and 1980s, dependency theories inspired the analysis of uneven development and developmental strategies with a central focus in Southern Europe. The crisis of 2008 onwards has contributed to a rediscovery of the dependency approach with a new focus on Central and Eastern Europe. Thereby, the European Dependency School (EDS) further developed and adapted the dependency approach by linking it to other theoretical traditions such as regulation theory in order to explain the crises that hit the European peripheries particularly hard. More recently, academics in Europe have started using the dependency approach to better understand the conditions of policymaking within the European Union (EU) and to discuss possible strategies to overcome dependency and promote development. The chapter offers a detailed presentation of two mechanisms of dependency—dependent industrialization and dependent financialization—and their evolution in the EU.
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The authors gratefully acknowledge that research for this contribution was supported by funds from the Oesterreichische Nationalbank (Anniversary Fund, project number 18441).
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Becker, J., Weissenbacher, R., Jäger, J. (2021). Mechanisms of Dependence: Conceptualizing the Latin American Dependency Research Program for the Analysis of European Capitalism. In: Madariaga, A., Palestini, S. (eds) Dependent Capitalisms in Contemporary Latin America and Europe. International Political Economy Series. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-71315-7_4
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