Peripheral countries

Peripheral countries are nations that are often less economically developed and have limited industrialization compared to more dominant countries. They typically rely on exporting raw materials or agricultural products and may face challenges such as political instability, poor infrastructure, and lower living standards. In contrast to core countries, which are economically strong and influential, peripheral countries often struggle to participate fully in the global economy. This concept is part of a broader framework used to analyze global economic disparities and the relationships between different countries within the world economy.