Did decolonisation truly transform power relations in the international economy? The answer to this question depends on one’s point of view and the theories that one relies on in their arguments. This paper, based on structuralism, dependency and New International Economic Order (NIEO) theories, argues that decolonisation did not truly transform international power relations. If you share this point of view, you will no doubt find useful points from this paper. If you hold a contrary view, you may like to find points to argue against – you will find these points in this paper. Here is a preview of the paper.