This e-book goals to envision the results of globalization and monetary and political variations within the 'emerging areas' of Latin the United States and the Caribbean, East valuable Europe and the previous Soviet Union and East Asia through improvement trajectories and the pathways of either financial and political swap. it is a new angle by way of books released in either geography and the social sciences.
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Additional info for Alternative Capitalisms: Geographies of Emerging Regions
Despite the fact that findings such as these contradict a basic, qualitative understanding of the world-system, Van Rossem's results are influential. , 1998). One way out of this conceptual and methodological problem is to back off from any rigid adherence to the three-way categorization. Many scholars have done this and instead argue that it is better to think of countries as lying along a continuum of core-periphery characteristics (Chase-Dunn and Hall, 1993; Straussfogel, 1997). But there are pros and cons to this modification of WST's geographical form.
Indeed, Taylor's measurement refinement yielded even stronger statistical support for a tripartite world-system. How convincing are these analyses and results? Is GNP per capita a fair measure of WST's three geographical categories? It seems reasonable for measuring some of the material results of the world-system. GNP per capita is less useful, however, as a measure of a dynamic and interactive process involving decision-making, the establishment and enforcement of rules and regulations, policy influences, resource extraction, investment, production, and trade among members of the world-system.
Rather, East Asia seems to illustrate how a number of countries can achieve rapid economic growth and development, and consequently rise quickly into the ranks of the semi-periphery. A few countries are worth mentioning as among the clearest cases of this pronounced upward trend. Following massive US aid and industrial export growth in recent decades, South Korea has been knocking on the core's gate, although it was set back by the 1997 Asian financial crisis. Indonesia has traditionally been peripheral, but in recent decades it has arguably joined the semiperiphery.