World-Systems Theory and Asian Development: A Sociological Analysis
Introduction World-Systems Theory (WST), developed by sociologist Immanuel Wallerstein in the 1970s, offers a macro-sociological framework for understanding global inequalities and the historical development of the capitalist world economy. Unlike theories that examine development within single nations, WST analyzes the world as an interconnected system structured by power hierarchies, economic dependencies, and geopolitical dominance. Asia’s … Read more