Is dependency theory beneficial to third world countries?

Dependency theory argues that third world countries are at a disadvantage in the global economy due to their reliance on developed nations. While it sheds light on the unequal power dynamics in the international system, critics argue that it can sometimes oversimplify complex issues and hinder progress by painting third world countries as helpless victims. Ultimately, its usefulness depends on how it is applied in addressing the specific challenges faced by these countries.