Question

Identify and compare three differences between the stages of economic growth and the core - periphery model.

Answer 1

The main difference lies in the focus of the models. The stages of economic growth focuses on the development of one country, while the core-periphery model focuses on many countries all across the globe. Other difference is that Rostow is capitalist according who a country can finance their own development, while Wallerstein is Marxist. According Wallerstein peripheral countries will always be dependent on the core countries.countries.Another difference is that Rostow's model has five stages, while Wallerstein's has three tiers.