semi-periphery
The term "semi-periphery" refers to countries that are positioned between the core and periphery in the global economic system. These nations often have moderate levels of industrialization and economic development, playing a crucial role in connecting the more developed core countries and the less developed periphery countries. They typically engage in both manufacturing and resource extraction, contributing to global trade.
Semi-peripheral countries can influence global markets and politics, often acting as intermediaries. Examples include Brazil, India, and South Africa, which possess growing economies and increasing political power. Their status allows them to benefit from both core and peripheral relationships, fostering development and stability.