GEOG 1020 Lecture Notes - Lecture 5: The Population Bomb, Core Countries, Arithmetic Progression
15 Dec 2017
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Document Summary
Clear winners and losers in the global economy: some thrived while others stagnated or even stalled in their development. Cuba & n. korea only two seen as excluded from this world system! World system theory immanuel wallerstein (1984: core, periphery, semi-periphery. He saw a world organized into three categories the core, the periphery and a third category, the semi-periphery. He argued that the entire world economy was to be seen as an evolving market system in which this hierarchy of states was the product of long-wave economic rhythms. In theory, a country could move from one category to another over time. Since the 17th c. , this world-system has become more extensive and more consolidated through globalization: general framework b. Interdependence of regions and places: dynamic and uneven. Dominate trade, control most advanced technologies, have high levels of productivity within diversified economies. Many are former colonial powers e. g. dutch, uk. Able to exploit peripheral regions, but are exploited/dominated by core regions.
