Since the end of the Cold War, Dependency Approach has been facing a number of changes in the international system and had to deal with several theoretical challenges. But, whilst many academic writings emphasized the demise of Dependency Approach, this paper has endeavored to breathe life into Dependency thoughts by exploring what chances Dependency Approach has in order to remain effective and competitive. Deep analysis of current facts and events in the international, regional and sub-regional settings has sustained the main theoretical assumptions of Dependency Approach and illustrated that several thoughts and concepts from the Dependency Approach are still systematic and applicable.
Key Words: Dependency approach, dependence, north, south, core, periphery, dominant, development, underdevelopment, The Third World.
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