Semi-peripheral nations

Definition

Semi-peripheral nations are countries that occupy an intermediate position in the global economic system, being neither fully industrialized (core) nor largely underdeveloped (peripheral). They play a crucial role by facilitating economic activities and exchanges between core and peripheral countries.

Related terms

Core Countries: Nations that dominate global trade and hold significant economic power due to their advanced industrial capacities.

Peripheral Countries: Countries that are less developed industrially and highly dependent on core countries for capital, often providing raw materials and labor at low costs.

Global Inequality:

The uneven distribution of resources, wealth, and access to services across different countries around the world, often influenced by historical, economic, and social factors