Semi-periphery

The semi-periphery refers to countries that occupy a middle position in the global economic system. They are neither fully developed industrial powers (core countries) nor least developed nations (periphery). Semi-periphery nations often have some industrialization, infrastructure, and economic influence, but also face challenges like inequality and reliance on exports of raw materials or manufactured goods. Examples include Brazil, India, and South Africa. They play a bridging role, benefiting from global trade and competition while still experiencing social and economic disparities. This concept helps explain the interconnected and layered nature of global economic relationships.