Abstract
The third world is a subject which has caused much ink. Several features can be found as economic problems, political instability, authoritarian regimes. However, some countries as the tigers (South Korea, Taiwan, Singapore and Hong-Kong) succeed in dealing with their economic and political problems to become developing countries. Latin America did not follow the same way. Many countries of Latin America have still a troubling economic situation with deep wealth inequalities. During the 1960s "dependency theories" tried to explain why Latin America and other Third World regions were not developing as the North. Some of the more provocative work has been produced by Latin Americans. They were known as dependency theorists and they examined the unequal trade between LDCs which used to sell raw materials to northern industrialized countries that exported manufactured products. The general idea was that some countries had their economy conditioned by the expansion of others.
