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Semi-peripheral countries are tied into dynamic world systems that focus on the reliance of poor nations upon the wealthy, a concept known as the dependency theory. [6] The term semi-periphery has been applied to countries that existed as early as in the thirteenth century. [7]
The "world-system" refers to the inter-regional and transnational division of labor, which divides the world into core countries, semi-periphery countries, and periphery countries. [4] Core countries have higher-skill, capital-intensive industries, and the rest of the world has low-skill, labor-intensive industries and extraction of raw ...
Countries tend to fall into one or another of these interdependent zones core countries, semi-periphery countries and the periphery countries. [1] [2] Resources are redistributed from the underdeveloped, typically raw materials-exporting, poor part of the world (the periphery) to developed, industrialized core.
The theory of the interstate system holds that all states are defined through their relationship to other states or through participation in the world economy, and that divisions between states help to divide the world into a core, periphery and semi-periphery. [1] [2]
There are, however, ways in which periphery countries can rise from their poor status and become semi-periphery countries or even core countries. It is crucial for the core countries to keep exploiting the natural resources of the periphery countries and to keep the governments semi-stable or else it could cause economic unrest for the core ...
there is a financial and technological penetration by the developed capitalist centers of the countries of the periphery and semi-periphery; this produces an unbalanced economic structure both within the peripheral societies and between them and the centers; this leads to limitations on self-sustained growth in the periphery;
The semi-periphery countries act as the middle men between the core and the periphery countries – by giving the wealthy countries what they receive from the poor countries. The periphery countries are the poorer countries usually specializing in farming and have access natural resources – which the core countries use to profit from. [31]
Accumulation in the periphery, on the other hand, is "extraverted," meaning that it is conducted in a manner beneficial to core countries, dictated by their need for goods and raw materials. This extraverted accumulation results in export specialization, with a large proportion of developing economies devoted to producing goods to suit foreign ...