Peripheral countries, also known as less developed countries or the Global South, are regions with lower levels of industrialization, infrastructure development, and economic output compared to more advanced nations. They often face challenges such as poverty, limited access to education, and political instability.
Related terms
Core Countries: Core countries refer to highly industrialized nations that generally dominate the global economy and possess advanced technologies.
Development Aid: Development aid refers to financial assistance provided by wealthier countries or international organizations to promote economic development in peripheral countries.
Brain Drain: Brain drain is the emigration of highly skilled individuals from a country, which can hinder its economic growth and development.