9_Law and State_Volume 17
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68<br />
Johann Hellwege<br />
11 Cf Ray, David. The Dependency Model of Latin American Underdevelopment:<br />
Three Basic Fallacies. In: Journal of Inter-American Studies <strong>and</strong><br />
W «r c f s S c E R H W •9U.3i PFortign Investment in Underdeveloped Areas.<br />
The Distribution of Gains BetweenTnvesting <strong>and</strong> Borrowing Countries In:<br />
Im e riä n Economic Review, Vol. 40; 1950; Supplement, pp. 473-85; here<br />
p. 475.<br />
1S Cf. Blakemore; Loc. a t., p. 76. . t- i_• „<br />
u Sautter, H.: Unterentwicklung und Abhängigkeit als Ergebnisse<br />
außenwirtschaftlicher Verflechtung. Zum ökonomischen Aussagewert der<br />
“dependencia”-Theorie (Underdevelopment <strong>and</strong> Dependency as a Result<br />
of Involvement in Foreign Economies. Concernmg the Economic Value ofAe<br />
“Dependencia” Theory). (Ibero-Amenka Institut fur Wirtschaftsforschung-<br />
Universität Göttingen, Diskussionsbeitrage, No. 8). Gottingen; 1975. This<br />
work appeared in 1976 as part of an anthology, edited by H.-J;Puhle^on<br />
“Latin America - Historical Reality <strong>and</strong> Dependencia Theories (in Ger-<br />
15 Cf M orley, Samuel A. <strong>and</strong> J effrey G. Williamson: Dem<strong>and</strong>, Distribution<br />
<strong>and</strong> Employment: The Case of Brazil. In: Economic Development<br />
<strong>and</strong> Cultural Change, Vol. 23, No. 1; October 1974; pp. 33-60.<br />
10 Schydlowski, Daniel: Latin American Trade Policies in the 1970 s:<br />
A Prospective Appraisal. In: The Quarterly Journal of Economics, Vol. 86;<br />
1972; pp. 263-89; here p. 271 f. On Argentina see especially Kenworthy,<br />
Eldon: Argentina: The Politics of Late Industrialization. In: Foreign Affairs,<br />
Vol. 45; 1966-67; pp. 463-476.<br />
<strong>17</strong> Cardoso, Fern<strong>and</strong>o Henrique <strong>and</strong> Faletto, Enzo: Dependencia y<br />
desarrollo en America Latina. Ensayo de interpretaciön sociohSgica. Mexico:<br />
2nd edition 1970; p. 146.<br />
18 On this see L<strong>and</strong>es, David S.: Some Thoughts on the Nature of Economic<br />
Imperialism. In: Journal of Economic History, Vol. 21; 1961; pp.<br />
496-512.<br />
10 Sautter; Loc. cit., p. 19 et seq.<br />
20 Peter F. Drucker calls our attention to the hazards of setting up<br />
newly-created myths, in his: Multinationals <strong>and</strong> Developing Countries:<br />
Myths <strong>and</strong> Realities. In: Foreign Affairs, Vol. 53, No. 1; October 1974; pp.<br />
121-34.<br />
21 On this, see also Hellwege, J. D.: Zwischen Demokratie und Diktatur.<br />
Eine Analyse der strukturellen Voraussetzungen in Lateinamerika (Between<br />
Democracy <strong>and</strong> Dictatorship. An Analysis of the Structural Preconditions<br />
in Latin America). In: im gespräch, No. 1/2; 1975; pp. 3-6.<br />
22 Sautter: Loc. cit., p. 22 et seq. The relevant literature is mentioned<br />
here.<br />
25 Cf. Schydlowski: Loc. cit., p. 272 et seq.<br />
24 This conclusion is reached in the model study by Bos, H. C., S<strong>and</strong>ers,<br />
M artin <strong>and</strong> Secchi, Carlo: Private Foreign Investment in Developing<br />
Countries. A Quantitative Study on the Evaluation of the Macro-Economic<br />
Effects. (International Studies in Economics <strong>and</strong> Econometrics, Vol. 7).<br />
Dordrecht <strong>and</strong> Boston: 1974.<br />
25 Cf. Drucker: Loc. cit.