Final Project Draft

Dependency theory is the notion that resources flow from a periphery of poor and underdeveloped states to a "core" of wealthy states, enriching the latter at the expense of the former. It is a central contention of dependency theory that poor states are impoverished and rich ones enriched by the way poor states are integrated into the world system.

Free-market environmentalism is the political position that argues that the free market, property rights, and tort law provide the best means of preserving the environment, internalising pollution costs, and conserving resources.

While environmental problems may be viewed as market failures, free market environmentalists argue that environmental problems arise because:

The state encodes, provides and enforces laws which override or obscure property rights and thus fail to protect them adequately.

Laws governing class or individual tort claims provide polluters with immunity from tort claims, or interfere with those claims in such a way as to make it difficult to legally sustain them.

The informal sector is largely characterized by several qualities: easy entry, meaning anyone who wishes to join the sector can find some sort of work which will result in cash earnings, a lack of stable employer-employee relationships, a small scale of operations, and skills gained outside of a formal education. Workers who participate in the informal economy are typically classified as employed. The type of work that makes up the informal economy is diverse, particularly in terms of capital invested, technology used, and income generated