I. Dependency Theory, continued from last time
A) 60 Minutes video - "Oil & Equatorial Guinea"
B) 60 Minutes video - "Doing Business with Enron"
II. 2 Strategies for Combatting Dependency
A) Import Substitution Industrialization (ISI)
1- Easy ISI
2- Secondary ISI
3- Example: Brazil
B) Export-Oriented Industrialization