Global Core and Periphery Essay

LO to discuss the spatial pattern of ball-shaped interactions through the mapping of core areas at the focus of interaction (network hubs/nodes), the peripheries and areas relatively unaffected by these interactions.Global economy basic features * Single gentlemans gentleman market producers to exchange rather than use. Price is determined on a global scale * 3 geographical tiers core / semi-periphery / periphery * secular trends growth then stagnation. Hegemony (indirect dominance of one country UK USA lacquer chinaware?) * Integration or rejection reaction of societies e.g. Islamic fundamentalism * States (political state, way its ruled) states theatrical role to protect their interests, their companies and peoples interests from global economy * Alternative suitations how do nation states adapt to the global economy? Export led protectionism, isolationism etc. Core -North America, westbound Europe and East Asia* graduate(prenominal) income countries * Main trad e flows between these 3 areas * Countries in core have diversified economies, with high output, high purchase power and large domestic markets * Outside this core, the global periphery is a location of cheap raw materials or cheap manufacturing or a market for the core to dump their surplus products articulated lorry periphery* High and middle income countries * First waves of Newly Industrialised Countries (NICs) South Korea, Taiwan, Hong Kong, Singapore * sanction wave of NICs or Recently Industrialised Countries (RICs) e.g. Malaysia, Mexico, South Africa * BRICs (the four biggies) Brazil, Russia, India, China * Resource exporting countries, RICs and NICs, former socialist countries, poorer European countries. * Some of these countries could right off be seen as part of the CORE (South Korea) others are characterised by regional disparities and social polarisation (Brazil) others with very rapid economic growth (Slovakia, China) Periphery (excluded)* Lower middle income cou ntries and low income countries * Mainly Africa * Small domestic markets, neediness of infrastructure, population increase, low economic output, low levels of economic diversification, high pastoral population Global economy is dynamic For example, the spatial decentralisation (diffusion) of umpteen economic activities. Until recently this was seen as the diffusion of manufacturing away from the Core to Semi Peripheral areas. Now we can observe diffusion in service and an increasing decentralisation of coordination and control operations.