whither dependency theory?

[Chris Kromm]

A quick question: where does dependency theory stand today? Has it pretty
much been thrown out the window? Are there new and better theories which
incorporate its main thesis of underdevelopment? And more specifically: how
does Baran's "Political Economy of Growth" hold up?

Thanks in advance,
Chris

"... at all times antagonize the selfish interests."
H.W. Scripps, media magnate