Periphery Countries - Economic Possibilities

Economic Possibilities

Periphery countries are continuously exploited by core countries due to the exportation of surpluses of raw goods to the more technologically industrialized core countries for manufacturing and distribution. Recently some of the manufacturing has been moved to periphery countries but it is still controlled and owned by the core countries. 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 countries as a whole.

Read more about this topic:  Periphery Countries

Famous quotes containing the word economic:

    A two-parent family based on love and commitment can be a wonderful thing, but historically speaking the “two-parent paradigm” has left an extraordinary amount of room for economic inequality, violence and male dominance.
    Stephanie Coontz (20th century)