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The modern world-system has a multi-state political structure (the interstate system) and therefore its division of labor is international division of labor. In the modern world-system, the division of labor consists of three zones according to the prevalence of profitable industries or activities: core, semiperiphery, and periphery.
CORE (Connecting Repositories) is a service provided by the Knowledge Media Institute [Wikidata] based at The Open University, United Kingdom.The goal of the project is to aggregate all open access content distributed across different systems, such as repositories and open access journals, enrich this content using text mining and data mining, and provide free access to it through a set of ...
Below is the core listing according to Babones (2005), who notes that this list is composed of countries that "have been consistently classified into a single one of the three zones [core, semi-periphery or periphery] of the world economy over the entire 28-year study period".
World-systems theorists argue that their theory explains the rise and fall of states, income inequality, social unrest, and imperialism. 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]
This theory postulates a third category of countries, the semi-periphery, intermediate between the core and periphery. Wallerstein believed in a tri-modal rather than a bi-modal system because he viewed the world-systems as more complicated than a simplistic classification as either core or periphery nations.
The world economy or global economy is the economy of all humans in the world, referring to the global economic system, which includes all economic activities conducted both within and between nations, including production, consumption, economic management, work in general, financial transactions and trade of goods and services.
Aggregation services may be offered on a standalone basis or in conjunction with other financial services, such as portfolio tracking and bill payment provided by a specialized website, or as an additional service to augment the online presence of an enterprise established beyond the virtual world. Many established companies with an Internet ...
In world-systems theory, semi-periphery countries are the industrializing, mostly capitalist countries which are positioned between the periphery and core countries.Semi-periphery countries have organizational characteristics of both core countries and periphery countries and are often geographically located between core and peripheral regions as well as between two or more competing core regions.