dual economies

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dual economies

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dual societies

the coexistence of two different types of economies or societies within one nation state or colony The term was originally coined by Boeke (1953) to describe the situation in colonial countries in which capitalist and noncapitalist sectors coexisted, but operated according to separate social and economic logics. Later, in MODERNIZATION theory, the meaning was taken up to refer to modern and traditional sectors within THIRD WORLD societies. More recently, the term has been applied to economies, such as Japan's, which are structured around a few very large corporations and a mass of small firms with very different labour relations, profitability market control and security The concept was criticized by FRANK (1967a) and other DEPENDENCY theorists. It implies that the two sectors are separate, whereas the counter-argument is that they are closely interlinked, with the modern, capitalist, large-scale sector dominating and shaping the other.
Collins Dictionary of Sociology, 3rd ed. © HarperCollins Publishers 2000
References in periodicals archive ?
1953 Economics and Economic Policy of Dual Societies, as Exemplified by Indonesia, New York: Institute of Pacific Relations.
As contrasted with plural societies, dual societies have a higher propensity toward stalemate and polarization (as in Cyprus), or total break-up (as in the dual society of the Old Czechoslovakia) or large-scale violence (as in the dual societies of Rwanda and Burundi in central Africa).
Rwanda and Burundi are domestically dual societies, but are not yet bipolar in the external orientation of the Hutu and Tutsi.

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