Why core peripheral countries keep on exploiting other lower countries
Core peripheral countries may exploit other lower countries for several reasons:
1. Economic advantage: Core countries often have more advanced technologies, capital, and resources compared to peripheral countries. They may exploit lower countries to gain access to cheap labor, natural resources, and markets for their products, which helps them maintain their economic dominance.
2. Colonial legacy: The history of colonialism has left a legacy of economic and power imbalances between core and peripheral countries. Former colonizers may continue to exploit their former colonies through trade policies, extraction of resources, or imposition of unequal economic relationships.
3. Global trade dynamics: The global economic system, often shaped by core countries, may favor the exploitation of lower countries. These countries may face limited options for economic development and are forced to participate in low-value-added activities, such as agriculture or low-skilled manufacturing, which can be exploited by core countries.
4. Power asymmetry: Core countries often have more political power and influence in international institutions, such as the World Bank or International Monetary Fund. They can shape policies and regulations that favor their economic interests, while peripheral countries have limited influence and are more likely to be exploited.
5. Lack of regulation and accountability: In some cases, peripheral countries may lack strong governance systems and regulations to protect their citizens and resources effectively. This creates an enabling environment for exploitation by core countries and multinational corporations who may take advantage of weak institutional frameworks.
It is important to note that not all core peripheral relationships are exploitative. Some relationships can be mutually beneficial, with core countries providing investments, technology, and knowledge transfer to support the development of peripheral countries.
The concept of core and peripheral countries is an idea within dependency theory, which suggests that the global capitalist system operates in a way that allows core countries to exploit peripheral countries for their own benefit. Here are the key reasons why core countries tend to exploit peripheral countries:
1. Economic Advantages: Core countries often have advanced technology, infrastructure, and knowledge-intensive industries, giving them a competitive advantage in the global market. They exploit peripheral countries by extracting their natural resources at low costs and establishing low-wage labor-intensive industries, which leads to unequal economic relations.
2. Power Dynamics: Core countries tend to have more political and economic power on the global stage. They can enforce policies and agreements that favor their own interests, placing peripheral countries at a disadvantage. This power imbalance enables core countries to dictate terms of trade, influencing prices and shaping economic policies that benefit them while exploiting peripheral countries.
3. Historical Legacies: Colonialism and imperialism have played a significant role in shaping the global economic order. Many core countries exploited peripheral countries during colonial rule, establishing extractive economies and systems that continue to impact them today. This historical legacy perpetuates the cycle of exploitation and inequality.
4. Unequal Access to Resources: Core countries often have better access to capital, technology, and knowledge, while peripheral countries may lack these resources. This resource asymmetry enables core countries to reap the benefits of exploiting peripheral countries and maintain their dominant economic position.
5. Trade Imbalances: Core countries promote free trade policies that can benefit their own economies while negatively impacting peripheral countries. Unequal terms of trade, tariff barriers, and protectionist policies can disadvantage peripheral countries by limiting their market access and exacerbating their dependency on core countries.
It's important to note that not all core countries engage in exploitation, and peripheral countries can strive to improve their own economic conditions through various strategies such as industrialization, diversification, and regional cooperation. However, breaking the cycle of exploitation often requires addressing the structural inequalities in the global economic system and promoting fair and equitable trade practices.