A peripheral country is a term used in economics to describe a country that is less developed and has a dependence on more developed countries for resources and economic growth. Examples of peripheral countries include some countries in Africa, such as Ethiopia or Angola, as well as countries in Latin America, such as Bolivia or Honduras.
A peripheral country, also known as a developing country, is typically a less economically developed country that relies on the export of primary products and has a lower level of industrialization compared to more advanced nations. Examples of peripheral countries may include countries in Africa, parts of Asia, and Latin America such as Haiti, Ethiopia, Bangladesh, and Bolivia.
