EMPIRICAL VERIFICATION OF THE CENTRE-PERIPHERY THEORY (Empiryczna weryfikacja teorii centrum - peryferie)

• Authors: Hryniewicz Janusz T.
• Languages of publication: PL

Abstracts

EN

The article recreates and verifies the basic theses of the centre-periphery theory. 1. The profitability of the leading products decreases over time and their production is transferred to the peripheries - confirmed thesis. 2. This brings profits not only to investors but also to the societies of the central states; it counteracts the fall of the standard of living of groups affected by unemployment or reduction of real wages and is indirectly conducive to political stabilization of the centre states - confirmed thesis. 3. Capitalism in the centre is of a financial nature - based on speculation - confirmed thesis. 4. Financial capitalism does not finance the real sphere and contributes to economic stagnation of the centre - unconfirmed thesis. 5. The world financial market serves the exploitation of the periphery - unconfirmed thesis. 6. Financial speculations in the centre contribute to the political destabilization of the periphery - confirmed thesis. 7. The higher the levels of participation of a peripheral state in the international economic system, the greater the losses of the state - unconfirmed thesis. 8. The greater the profits of the central state - unconfirmed thesis. 9. The superior productivity of the hitherto economic hegemonist of the centre - the USA - diminishes successively to the advantage of Western Europe and Japan - unconfirmed thesis.

Keywords

EN

CENTRE-PERIPHERY THEORY; FINANCIAL MARKET; SOCIETY STATE; WORLD ECONOMY

• Publisher: Instytut Zachodni. Instytut Naukowo-Badawczy im. Zygmunta Wojciechowskiego w Poznaniu
• Journal: Przegląd Zachodni
• Year: 2010
• Issue: 4(337)
• Pages: 29-49
• Document type: ARTICLE

Contributors

author

Hryniewicz Janusz T.

• Janusz T. Hryniewicz, Instytut Zachodni, Instytut Naukowo-Badawczy, 61-854 Poznan, ul. Mostowa 27, Poland

Identifiers

CEJSH db identifier

11PLAAAA094015