Sanderson and Alderson claim that the economic development experienced by Taiwan and South Korea in recent decades is consistent with soft dependency theory or world- system theory, but it is also somewhat consistent with modernization theory.

Question

Quizplus · Accepted Answer

Sanderson and Alderson argue that while the economic development of Taiwan and South Korea aligns with aspects of soft dependency theory or world-system theory, which emphasize the constraints and opportunities presented by the global economic system, their development also shows elements consistent with modernization theory. Modernization theory suggests that development follows a linear progression through stages of economic growth, and these countries have demonstrated significant internal changes and investments in education, technology, and infrastructure that are characteristic of modernization theory's pathway to development.

Sanderson and Alderson Claim That the Economic Development Experienced by Taiwan