In World-Systems Theory, the term semi-periphery country is commonly used to characterize countries between the most industrialized countries and other countries that are more rural and less significant in the scope of the international economy.
Semi-peripheral countries may even be found in the center of the core industrialized countries and the peripheral areas.
According to some, Mexico serves as a semi-periphery bridge between the United States (one of the world’s top global powers) and other South American nations, such as Guatemala and Guyana. As a result, their economies have little to no effect on the global economy.
North America and Australia are home to the world’s biggest core nations. A large part of Russia and Asia are also considered peripheral nations, and parts of South America and almost the whole African continent.
South American countries like Brazil, Argentina, and Mexico make up the majority of semi-peripheral countries.
Nations like India and parts of Asia and the Middle East are commonly referred to as semi-periphery countries. This might happen in certain circumstances if a semi-periphery nation rises to the level of a core country.
Some believe that this is the case in some parts of the globe. According to several industry analysts, India’s economy is rapidly expanding, and it is expected to become a core nation over the next few years.
The term semi-peripheral nations may seem novel to some. There is little doubt that it all goes back to the 13th century and maybe earlier.
Major historic trade routes were formed, notably the well-known Silk Road, which connected Asia and Europe. Since Europe fell from the feudal rule, the modern global economic structure has been shaped.
Trade between countries became more vital since states could no longer rely on the reliable and inexpensive agricultural produce given by feudalism. European nations like Italy established themselves as the core states because of their advantageous geographic location.
It was via trade that capitalism began to take root, and it grew into a dominating paradigm in the early 20th century along with the rise of industrialization in core nations. There was a dramatic shift in international power after World War I.
Also See: Second World Countries 2022
After centuries of colonial trade strength, Spain, Portugal and Holland became semi-periphery nations in global economic clout.
Core, semi-periphery, and peripheral countries have profound roots in the history of the globe, and as we’ve covered, they are always altering and developing.