Economics & Finance

The Pharmaceutical Industry and Dependency in the Third World


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Mar 14, 2017
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Gary Gereffi first explains how foreign corporations took over the flourishing Mexican steroid industry in the 1950s and 1960s and thwarted the country’s later attempts to establish a more equitable distribution of industry benefits. In this valuable theoretical contribution Professor Gereffi uses the Mexican industry’s plight as a crucial-case test for dependency theory.

Originally published in 1983.

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