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Dictionary›Terms›Political Economy

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Periphery

Political Economy

Definition

In world-systems analysis, structurally subordinated zones often specialised in lower-value or labour-intensive production.

Theoretical Context

World-Systems Theory - Positions can change over time, but the global division of labour reproduces important hierarchies.

Key Thinkers

Immanuel Wallerstein
Giovanni Arrighi
Terence K. Hopkins

Further Reading

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