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:
“We have heard all of our lives how, after the Civil War was over, the South went back to straighten itself out and make a living again. It was for many years a voiceless part of the government. The balance of power moved away from it—to the north and the east. The problems of the north and the east became the big problem of the country and nobody paid much attention to the economic unbalance the South had left as its only choice.”
—Lyndon Baines Johnson (1908–1973)