Dependency theory states that as long as peripheral nations are dependent on core nations for economic stimulus and access to a larger piece of the global economy, they will never achieve stable and consistent economic growth. Further, the theory states that since core nations, as well as the World Bank, choose which countries to make loans to, and for what they will loan funds, they are creating highly segmented labour markets that are built to benefit the dominant market countries
To this statement I would to bring examples of Asian tigers such as Japan, S.Korea and other South Asian countries. These countries were able to become developed during short period (40-50 years) despite conditions described in the Dependency Theory section.