GEOG10001 Lecture Notes - Lecture 19: Arnhem Land, Yolngu, Periphery Countries
Document Summary
Activity of buying and selling, or exchanging, goods and/or services b/w ppl, groups of ppl and countries. European colonisation (1500s-1970s: enabled expansion of european economies, cheap supply of raw materials and labour, core-periphery model of world economy, wallerstein"s world system theory, 1974, core: developed industrialised regions (eg. europe, n. America, japan: semi-periphery: (transitional countries in between, periphery: underdeveloped, primary producing regions raw materials (cacao, coffee, copper) (eg. africa, s. america) Wst -> dependency theory = southern perspective on development that argues: (andre gunder frank: no initial state of undevelopment outside europe, but that. Southern countries became undeveloped due to colonialist exploitation: direct exploitation under colonialism and indirect exploitation continues through trade patterns, transnational corporations, and international financial institutions. Dependency theory core countries import raw material from southern peripheral" countries: needed for production in north (minerals, timber, rubber) Periphery countries import costly manufactured goods, finance, technology: tractors, other ag equipment, not given cheaper prices. Deteriorating terms of trade for southern countries.
