Semi-peripheral nations are countries that have a moderate level of economic development and industrialization compared to core nations, but they still rely on the export of raw materials and labor-intensive production.
Related terms
Core Nations: Developed countries with advanced economies, technology, and infrastructure.
Peripheral Nations: Less developed countries that are economically dependent on core nations.
Transnational Corporations: Companies that operate in multiple countries, often with headquarters in one country and operations in others.