``The claim, made by structuralism and dependency theory, that subordination to the world market seals the fate of nations is wrong. Inequality, poverty, low productivity and sluggish growth in the periphery, their propensity to import luxury goods and transfer profits to the centre, and the lack of coordination of economic activity in many countries, are due primarily to the social structures prevailing in the periphery, rather than their international trade relations.''
(Alfredo Saad-Filho (2005), `The Rise and Decline of Latin American Structuralism and Dependency Theory')
Which among the following statements can be asserted from the above excerpt?
