WORLD SYSTEMS THEORY

WORLD SYSTEMS THEORY

• Theory by Immanuel Wallerstein
• Three-tiered structure of the World
• Parts are core, periphery, and semi-periphery

CORE

• Most powerful countries
• Higher education levels
• Sophisticated technology
• Wages and benefits are higher
• Core processes generate wealth

PERIPHERY

• Lower education levels
• Lower salaries
• Less technology
• Process generates less wealth in the world economy

SEMI-PERIPHERY

• Has characteristics of both the core and periphery
• Core takes advantage of
• Takes advantage of periphery