51525
Description
Mind Map by beth.nightingale, updated more than 1 year ago
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Created by beth.nightingale
about 11 years ago
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WALLERSTEIN'S WORLD SYSTEMS THEORY 1970s
- Three-tiered world
- CORE
- USA, Western
Europe, Japan,
Australia, New
Zealand
- USA, Western
Europe, Japan,
Australia, New
Zealand
- SEMI PERIPHERY
- Russia, India, China (NICs)
- Russia, India, China (NICs)
- PERIPHERY
- Africa, Eastern
Europe, FSU
- Africa, Eastern
Europe, FSU
- CORE
- Countries can move
backwards and forwards
over time
- Some countries entering
semi-periphery and even
emerging to be part of core
- More dynamic model than Frank's Dependency
Theory which is based on Marxist ideas of rich
vs poor
- More dynamic model than Frank's Dependency
Theory which is based on Marxist ideas of rich
vs poor
- Some countries entering
semi-periphery and even
emerging to be part of core
- Rise of China and India
- Wallerstein's view is that industrial
capitalism was born in Europe and rise of
China and India represent another stage in
growth of economy
- Frank's contrasting view is that the
current situation is simply a shift back
to a much older world order when
India and China were powerful
economies
- Wallerstein's view is that industrial
capitalism was born in Europe and rise of
China and India represent another stage in
growth of economy
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