Core regions are areas that have high levels of economic development and advanced infrastructure compared to other regions within a country or across the globe. They often serve as centers for industry, finance, commerce, and innovation.
Related terms
Periphery: Periphery refers to regions that are less developed economically compared to core regions. These areas may have limited access to resources or face challenges in attracting investments.
Global North: The Global North refers primarily to countries located in Europe, North America, and parts of Asia that are considered economically developed. These countries tend to have core regions within them.
Multiplier Effect: The multiplier effect is the concept that an initial increase in investment or spending in a region can lead to additional economic growth and job creation. Core regions often experience the multiplier effect due to their strong economic base.