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Dictionary›Terms›Political Economy

REYMONTA / DICTIONARY

Core

Political Economy

Definition

In world-systems analysis, economically dominant zones concentrating higher-value production, capital and organizational power.

Theoretical Context

World-Systems Theory - The relevant unit of analysis is the historical capitalist world-economy rather than separate national economies alone.

Key Thinkers

Immanuel Wallerstein
Giovanni Arrighi
Terence K. Hopkins

Further Reading

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