In world systems theory

, the periphery countries (sometimes referred to as just the periphery) are those that are less developed than the semi-periphery and core countries. These countries usually receive a disproportionately small share of global wealth.

What are the periphery countries in Europe?

Germany is at the centre of “Core” group of countries in the Eurozone, while Greece, Italy, Portugal and Spain are conventionally seen as forming the “Periphery”. Yet other EU member states outside the Eurozone also belong to the European Periphery.

Is the UK a core or periphery country?

Core countries have certain powers over other countries regarding the economy, politics, and the military. These countries are known as core countries because they serve as the core of the world system. Great Britain is a great example of a core country, as seen in the British Commonwealth.