Assessing the Stability of the Core/Periphery Structure and Mobility in the Post-2008 Global Crisis Era
A World-Systems Analysis of the International Trade Network
DOI:
https://doi.org/10.5195/jwsr.2023.1148Keywords:
Global Trade Network, 2008-09 Global Economic Crisis, Core/Periphery Structure, Mobility, Semi-Peripheral Development, Global InequalityAbstract
How did the hierarchy of the world-system adapt to the impact of the 2008–09 global economic crisis? How did a country's position in the world-system influence their upward mobility during the crisis? This paper investigates the core/periphery hierarchy of the global trade network before and after the 2008–09 crisis. The central argument posits that the global trade network follows a core/periphery hierarchy in relation to the new international division of labor (NIDL) in the twenty-first century, and a country's placement within that hierarchy had a varying effect on their upward mobility following the 2008–09 crisis. Utilizing social network analysis of 191 countries engaged in global trade, I discover that the core/periphery structure remained unchanged after the 2008–09 global financial crisis, although many countries in intermediate positions experienced upward shifts. However, not all countries were able to achieve upward mobility, indicating that only a few semi-peripheral and peripheral countries were better positioned to improve their status compared to most non-core countries.
References
Arrighi, Giovanni, and Jessica Drangel. 1986. “The Stratification of the World-Economy: An Exploration of the Semiperipheral Zone.” Review, (Fernand Braudel Center) 10(1): 9–74.
Arrighi, Giovanni, Beverly J. Silver, and Benjamin D. Brewer. 2003. “Industrial Convergence, Globalization, and the Persistence of the North-South Divide.” Studies in Comparative International Development, 38(1): 3–31. doi: 10.1007/BF02686319.
Baddeley, Michelle. 2006. “Convergence or Divergence? The Impacts of Globalisation on Growth and Inequality in Less Developed Countries.” International Review of Applied Economics, 20(3): 391–410. doi: 10.1080/02692170600736250.
Barrientos, Stephanie, Gary Gereffi, and John Pickles. 2016. “New Dynamics of Upgrading in Global Value Chains: Shifting Terrain for Suppliers and Workers in the Global South.” Environment and Planning A: Economy and Space, 48(7): 1214–19.
Benguria, Felipe, and Alan M. Taylor. 2019. “After the Panic: Are Financial Crises Demand or Supply Shocks? Evidence from International Trade.” National Bureau of Economic Research (NBER) Working Paper Series. doi: 10.3386/w25790.
Bond, Patrick, and Ana Garcia. 2015. BRICS: An Anti-Capitalist Critique. London, UK: Pluto Press.
Borgatti, Stephen P., and Martin G. Everett. 2000. “Models of Core/Periphery Structures.” Social Networks, 21(4): 375–95. doi: 10.1016/S0378-8733(99)00019-2.
Boyd, John P., William J. Fitzgerald, and Robert J. Beck. 2006. “Computing Core/Periphery Structures and Permutation Tests for Social Relations Data.” Social Networks, 28(2): 165–78. doi: 10.1016/j.socnet.2005.06.003.
Boyd, John P., William J. Fitzgerald, Matthew C. Mahutga, and David A. Smith. 2010. “Computing Continuous Core/Periphery Structures for Social Relations Data with MINRES/SVD.” Social Networks, 32(2): 125–37.
Breiger, Ronald. 1981. “Structures of Economic Interdependence Among Nations.” Pp. 353–380, in Continuities in Structural Inquiry, edited Peter M. Blau and Robert K. Merton. Thousand Oaks, CA: SAGE Publications.
Butts, Carter T. 2006. “Exact Bounds for Degree Centralization.” Social Networks, 28(4): 283–96. doi: 10.1016/j.socnet.2005.07.003.
______. 2008a. “Social Network Analysis with Sna.” Journal of Statistical Software, 24(6): 1–51.
______. 2008b. “Social Network Analysis: A Methodological Introduction.” Asian Journal of Social Psychology 11(1):13–41. doi: 10.1111/j.1467-839X.2007.00241.x.
______. 2011. “Bayesian Meta-Analysis of Social Network Data via Conditional Uniform Graph Quantiles.” Sociological Methodology, 41(1): 257–98. doi: 10.1111/j.1467-9531.2011.01240.x.
Carmody, Padraig. 2009. “An Asian-driven Economic Recovery in Africa? The Zambian Case.” World Development, 37(7): 1197–207.
______. 2017a. “The Geopolitics and Economics of BRICS’ Resource and Market Access in Southern Africa: Aiding Development or Creating Dependency?” Journal of Southern African Studies, 43(5): 863–77.
______. 2017b. The New Scramble for Africa. Hoboken, NJ: John Wiley & Sons.
Cattaneo, Olivier, Gary Gereffi, and Cornelia Staritz. 2010. Global Value Chains in a Postcrisis World: A Development Perspective. Washington, DC: World Bank Publications.
Chase-Dunn, Christopher K. 1988. “Comparing World Systems: Toward a Theory of Semipheral Development.” Comparative Civilizations Review, 19(19): 39.
______. 1990. “Resistance to Imperialism: Semiperipheral Actors.” Review (Fernand Braudel Center), 13(1):1–31.
______. 1997. Rise and Demise: Comparing World-Systems. New York: Routledge.
______. 1998. Global Formation: Structures of the World-Economy. Lanham: MD: Rowman & Littlefield.
Chase-Dunn, Christopher, and Peter Grimes. 1995. “World-Systems Analysis.” Annual Review of Sociology, 21(1): 387–417. doi: 10.1146/annurev.so.21.080195.002131.
Clark, R. 2010. “World-System Mobility and Economic Growth, 1980-2000.” Social Forces 88(3):1123–51. doi: 10.1353/sof.0.0295.
Clark, Rob, and Jason Beckfield. 2009. “A New Trichotomous Measure of World-System Position Using the International Trade Network.” International Journal of Comparative Sociology, 50(1): 5–38. https://doi.org/10.1177/0020715208098615 .
Cooper, Andrew F., and Daniel Flemes. 2013. “Foreign Policy Strategies of Emerging Powers in a Multipolar World: An Introductory Review.” Third World Quarterly, 34(6): 943–62.
Desai, Radhika. 2013. “The Brics Are Building a Challenge to Western Economic Supremacy.” The Guardian, April 2. https://www.theguardian.com/commentisfree/2013/apr/02/brics-challenge-western-supremacy
Evans, Peter. 1979. Dependent Development: The Alliance of Multinational, State, and Local Capital in Brazil. Princeton, NJ: Princeton University Press.
Farooki, Masuma, and Raphael Kaplinsky. 2010. What Are The Implications For Global Value Chains When The Market Shifts From The North To The South? Washington, DC: The World Bank.
Faust, Katherine. 2007. “Very Local Structure in Social Networks.” Sociological Methodology, 37(1): 209–56. doi: 10.1111/j.1467-9531.2007.00179.x.
Firebaugh, Glenn. 2000. “The Trend in Between-Nation Income Inequality.” Annual Review of Sociology, 26(1): 323–39. doi: 10.1146/annurev.soc.26.1.323.
Frank, Andre Gunder.1971. “Sociology of Development and Underdevelopment.” Sociology.
Fröbel, Folker, Jürgen Heinrichs, and Otto Kreye. 1977. “The Tendency Towards a New International Division of Labor: The Utilization of a World-Wide Labor Force for Manufacturing Oriented to the World Market.” Review (Fernand Braudel Center), 1(1): 73–88.
______. 1980. The New International Division of Labor: Structural Unemployment in Industrialization in Developing Countries. Translated by Peter Burgess. Cambridge, UK: Cambridge University Press.
Galbraith, James K. 2012. Inequality and Instability: A Study of the World Economy Just Before the Great Crisis. Oxford, UK: Oxford University Press.
Gereffi, Gary. 1994. “The Organization of Buyer-Driven Global Commodity Chains: How US Retailers Shape Overseas Production Networks.” Pp. 95–122 in Contributions in Economics and Economic History, edited by Gary Gereffi and Miguel Korzeniewicz. London, UK: Praeger.
______. 1999. “International Trade and Industrial Upgrading in the Apparel Commodity Chain.” Journal of International Economics, 48(1): 37–70. doi: 10.1016/S0022-1996(98)00075-0.
______. 2014. “Global Value Chains in a Post-Washington Consensus World.” Review of International Political Economy, 21(1): 9–37. doi: 10.1080/09692290.2012.756414.
Gereffi, Gary, and Karina Fernandez-Stark. 2010. The Offshore Services Value Chain: Developing Countries and the Crisis. World Bank.
Gereffi, Gary, John Humphrey, and Timothy Sturgeon. 2005. “The Governance of Global Value Chains.” Review of International Political Economy, 12(1): 78–104. doi: 10.1080/09692290500049805.
Gereffi, Gary, and Joonkoo Lee. 2016. “Economic and Social Upgrading in Global Value Chains and Industrial Clusters: Why Governance Matters.” Journal of Business Ethics, 133(1): 25–38. doi: 10.1007/s10551-014-2373-7.
Holland, Paul W., and Samuel Leinhardt. 1977. “A Method for Detecting Structure in Sociometric Data.” Pp. 411-432 in Social Networks: A Developing Paradigm, edited by Samuel Leinhardt. New York: Academic Press.
Hopkins, Terence K., and Immanuel Wallerstein. 1977. “Patterns of Development of the Modern World-System.” Review (Fernand Braudel Center), 1(2): 111–45.
Horner, Rory, and Khalid Nadvi. 2018. “Global Value Chains and the Rise of the Global South: Unpacking Twenty-First Century Polycentric Trade.” Global Networks, 18(2): 207–37. doi: 10.1111/glob.12180.
International Monetary Fund. 2014. “Direction of Trade.” https://data.imf.org/?sk=9d6028d4-f14a-464c-a2f2-59b2cd424b85
Jacobs, Lindsay Marie, and Ronan Van Rossem. 2016. “The Rising Powers and Globalization: Structural Change to the Global System Between 1965 and 2005.” Journal of World-Systems Research, 22(2): 373–403. doi: 10.5195/jwsr.2016.624.
Kaplinsky, Raphael, and Masuma Farooki. 2011. “What Are the Implications for Global Value Chains When the Market Shifts from the North to the South?” International Journal of Technological Learning, Innovation and Development, 4(1-3): 13–38. doi: 10.1504/IJTLID.2011.041898.
Kaplinsky, Raphael, and Dirk Messner. 2008. “Introduction: The Impact of Asian Drivers on the Developing World.” World Development, 36(2): 197–209.
Kaplinsky, Raphael, Anne Terheggen, and Julia Tijaja. 2011. “China as a Final Market: The Gabon Timber and Thai Cassava Value Chains.” World Development, 39(7): 1177–90. doi: 10.1016/j.worlddev.2010.12.007.
Kick, Edward L., and Byron L. Davis. 2001. “World-System Structure and Change: An Analysis of Global Networks and Economic Growth Across Two Time Periods.” American Behavioral Scientist, 44(10): 1561–78. doi: 10.1177/00027640121958050.
Kiely, Ray. 2015a. “The BRICs, State Capitalism and Globalization: Challenge to or Triumph of the West?” Pp. 33–64 in The BRICs, US ‘Decline’ and Global Transformations, International Political Economy Series, edited by R. Kiely. London, UK: Palgrave Macmillan.
______. 2015b. “The Rise of the South: Rising BRICs, Declining US?” Pp. 9–32 in The BRICs, US ‘Decline’ and Global Transformations, International Political Economy Series, edited by Ray Kiely. London, UK: Palgrave Macmillan.
______. 2015c. “The South and the Causes and Consequences of the Financial Crisis, 2007–14.” Pp. 91–128 in The BRICs, US ‘Decline’ and Global Transformations, International Political Economy Series, edited by Ray Kiely. London, UK: Palgrave Macmillan.
Kim, Sangmoon, and Eui-Hang Shin. 2002. “A Longitudinal Analysis of Globalization and Regionalization in International Trade: A Social Network Approach.” Social Forces, 81(2): 445–68. doi: 10.1353/sof.2003.0014.
Lloyd, Paulett, Matthew C. Mahutga, and Jan De Leeuw. 2009. “Looking Back and Forging Ahead: Thirty Years of Social Network Research on the World-System.” Journal of World-Systems Research, 15(1): 48–85. doi: 10.5195/jwsr.2009.335.
Mahutga, Matthew C. 2006. “The Persistence of Structural Inequality? A Network Analysis of International Trade, 1965-2000.” Social Forces, 84(4): 1863–89. doi: 10.1353/sof.2006.0098.
______. 2013. “Multi-Relational International Trade Networks, 1965–2000.” Former Editors.
Mahutga, Matthew C., Roy Kwon, and Garrett Grainger. 2011. “Within-Country Inequality and the Modern World-System: A Theoretical Reprise and Empirical First Step.” Journal of World-Systems Research, 17(2): 279–307.
Mahutga, Matthew C., Anthony Roberts, and Ronald Kwon. 2017. “The Globalization of Production and Income Inequality in Rich Democracies.” Social Forces, 96(1): 181–214. doi: 10.1093/sf/sox041.
Mahutga, Matthew C., and David A. Smith. 2011. “Globalization, the Structure of the World Economy and Economic Development.” Social Science Research, 40(1): 257–72. doi: 10.1016/j.ssresearch.2010.08.012.
Nemeth, Roger J., and David A. Smith. 1985. “International Trade and World-System Structure: A Multiple Network Analysis.” Review (Fernand Braudel Center), 8(4): 517–60.
Petropoulos, Sotiris. 2013. “The Emergence of BRICS--Implications for Global Governance.” Journal of International and Global Studies, 4(2): 37–51.
Pieterse, Jan Nederveen. 2011. “Global Rebalancing: Crisis and the East–South Turn.” Development and Change 42(1): 22–48.
______. 2017. Multipolar Globalization: Emerging Economies and Development. London, UK: Routledge.
Robinson, William I. 2015. “The Transnational State and the BRICS: A Global Capitalism Perspective.” Third World Quarterly, 36(1): 1–21. doi: 10.1080/01436597.2015.976012.
______. 2017. “Debate on the New Global Capitalism: Transnational Capitalist Class, Transnational State Apparatuses, and Global Crisis.” International Critical Thought, 7(2): 171–89. doi: 10.1080/21598282.2017.1316512.
Smith, David A. 2017. “World-System Zones in the 21st Century: Beyond Core and Periphery, Who Fits Where?” Pp. 3–17 in Global Inequalities in World-Systems Perspective, edited by Manuela Boatcă, Andrea Komlosy, and Hans-Heinrich Nolte. London: Routledge.
Smith, David A., and Roger J. Nemeth. 1988. “An Empirical Analysis of Commodity Exchange in the International Economy: 1965–80.” International Studies Quarterly, 32(2): 227–40.
Smith, David A., and Douglas R. White. 1992. “Structure and Dynamics of the Global Economy: Network Analysis of International Trade 1965–1980*.” Social Forces, 70(4): 857–93. doi: 10.1093/sf/70.4.857.
Snyder, David, and Edward L. Kick. 1979. “Structural Position in the World System and Economic Growth, 1955-1970: A Multiple-Network Analysis of Transnational Interactions.” American Journal of Sociology 84(5): 1096–1126. doi: 10.1086/226902.
US Bureau of Labor Statistics. 2018. “Great Recession, Great Recovery? Trends from the Current Population Survey: Monthly Labor Review: U.S. Bureau of Labor Statistics.” Retrieved June 6, 2023 (https://www.bls.gov/opub/mlr/2018/article/great-recession-great-recovery.htm).
Van Rossem, Ronan. 1996. “The World System Paradigm as General Theory of Development: A Cross-National Test.” American Sociological Review 61(3): 508–527.
Wallerstein, Immanuel. 1974. “The Rise and Future Demise of the World Capitalist System: Concepts for Comparative Analysis.” Comparative Studies in Society and History 16(4):387–415.
_____. 1976. “Semi-Peripheral Countries and the Contemporary World Crisis.” Theory and Society 3(4): 461–83.
_____. 1979. The Capitalist World-Economy. Cambridge University Press.
_____.1985. “The Relevance of the Concept of Semiperiphery to Southern Europe.” Pp. 31-39 in Semiperipheral development: The politics of southern Europe in the twentieth century, edited by Giovanni Arrighi. California: Sage Publications.
Wasserman, Stanley, and Katherine Faust. 1994. Social Network Analysis: Methods and Applications. United Kingdom: Cambridge University Press.
Williamson, Jeffrey G. 1996. “Globalization, Convergence, and History.” Journal of Economic History, 56(2): 277–306.
Williamson, John. 2009. “A Short History of the Washington Consensus.” Law & Bus. Rev. Am. 15(1): 7–23.
Wolf, Martin. 2004. Why Globalization Works. Vol. 3. New Haven, CT: Yale University Press..
Zakaria, Fareed. 2008. “The Future of American Power: How America Can Survive the Rise of the Rest.” Foreign Affairs, 87(3): 18–43.
Zhao, Junfu. 2021. “Investigating the Asymmetric Core/Periphery Structure of International Labor Time Flows.” Journal of World-Systems Research, 27(1): 231–64.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2023 Martín Jacinto
This work is licensed under a Creative Commons Attribution 4.0 International License.
Authors who publish with this journal agree to the following terms:
- The Author retains copyright in the Work, where the term “Work” shall include all digital objects that may result in subsequent electronic publication or distribution.
- Upon acceptance of the Work, the author shall grant to the Publisher the right of first publication of the Work.
- The Author shall grant to the Publisher and its agents the nonexclusive perpetual right and license to publish, archive, and make accessible the Work in whole or in part in all forms of media now or hereafter known under a Creative Commons Attribution 4.0 International License or its equivalent, which, for the avoidance of doubt, allows others to copy, distribute, and transmit the Work under the following conditions:
- Attribution—other users must attribute the Work in the manner specified by the author as indicated on the journal Web site;
- The Author is able to enter into separate, additional contractual arrangements for the nonexclusive distribution of the journal's published version of the Work (e.g., post it to an institutional repository or publish it in a book), as long as there is provided in the document an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post online a prepublication manuscript (but not the Publisher’s final formatted PDF version of the Work) in institutional repositories or on their Websites prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work. Any such posting made before acceptance and publication of the Work shall be updated upon publication to include a reference to the Publisher-assigned DOI (Digital Object Identifier) and a link to the online abstract for the final published Work in the Journal.
- Upon Publisher’s request, the Author agrees to furnish promptly to Publisher, at the Author’s own expense, written evidence of the permissions, licenses, and consents for use of third-party material included within the Work, except as determined by Publisher to be covered by the principles of Fair Use.
- The Author represents and warrants that:
- the Work is the Author’s original work;
- the Author has not transferred, and will not transfer, exclusive rights in the Work to any third party;
- the Work is not pending review or under consideration by another publisher;
- the Work has not previously been published;
- the Work contains no misrepresentation or infringement of the Work or property of other authors or third parties; and
- the Work contains no libel, invasion of privacy, or other unlawful matter.
- The Author agrees to indemnify and hold Publisher harmless from Author’s breach of the representations and warranties contained in Paragraph 6 above, as well as any claim or proceeding relating to Publisher’s use and publication of any content contained in the Work, including third-party content.
Revised 7/16/2018. Revision Description: Removed outdated link.