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Module 6
Module 6
Module 6
Development Economics
Course Code:ECN 306
Dr Monica A. Orisadare
Department of Economics
OAU, IlE-Ife
Module 6
Theory of Imperialism
Objectives
At the end of this class you should be able to
• Define the concept of Imperialism
• Exploratory
• Ethnocentric
• Political and
Economic Motive
• British missionaries led the charge to stop the slave trade in the
nineteenth century, while others, such as French missionaries in
Vietnam during the same time period, clamored for their
country to take over a nation.
Relationship between Imperialism
and underdevelopment
• At independence, most African states were
exposed to and incorporated into a world system
that they are not matured enough to
advantageously play the politics inherent in it and
thus are left at the mercy of the imperial-capitalist
nations of the West who own and run the system
in their national interest.
Political dimension
• Politically, the west establishes cordial relations
with the ruling class in Africa.