Bissoy.com
Doctors Medicines MCQs Q&A

  1. Rostow
  2. Friendman
  3. Myrdal
  4. Harschman
4 views

1 Answers

Option 2 : Friendman

Core-periphery model of economic development:

  • This model was developed in 1963 by John Friedmann.
  • It is a model of the spatial organization of human activity based upon the equal distribution of power in the economy and society.
  • The core dominates (although it may, in turn, be dominated from outside) whilst the periphery is dependent.
  • This dependence is structured through the relation of exchange between core and periphery.

Core-periphery stages:

Stage Characteristics
Stage 1 (Pre-industrial)
  • The pre-industrial (agricultural) society, with localized economies and a small-scale settlement structure.
  • Each settlement is fairly isolated, activities are dispersed and mobility is low.
  • There are limited differences between spatial entities in terms of levels of economic development
Stage 2 (Transitional)
  • The concentration of the economy in the core city begins as a result of innovation. capital accumulation and industrial growth.
  • The specific reasons behind this concentration are often not too clear, location (better access) being a significant factor, but the fact remains that a dominant centre emerges within an urban system to become its growth pole.
  • Trade and mobility increase, but within a pattern dominated by the core even if the overall mobility remained low.
  • Among the numerous examples of such a phase are the early industrialization of Great Britain in the late 18th century or the beginning of the colonial incorporation of Latin America, Africa, or Asia
Stage 3 (Industrial)
  • Through a process of economic growth and diffusion, other growth centres emerge.
  • The main reasons for deconcentration are increasing input costs (mainly labor and land) in the core area.
  • This diffusion is linked with increased interactions between elements of the urban system and the construction of transport infrastructures.
Stage 4 (Post-industrial)
  • The urban system becomes fully integrated and spatial inequalities are reduced significantly.
  • The distribution of economic activities creates a specialization and a division of labor linked with intense flows along high-capacity transport corridors.
  • The factors that have favoured spatial inequalities in the previous phases of development have structured dominant poles of the urban system and favoured the setting of a large commercial gateway, usually a world city.
4 views

Related Questions

Given below are six sentences of a  passage. The first and sixth sentences are given in the beginning as S1 and S6. The middle four-sentence in each have been jumbled up and labelled as P, Q, R and S. You are required to find the proper sequence of the four sentences. S1: In a globalised world, no country can hope to impose tariffs without affecting its own economic interests. S6: The ongoing trade war also threatens the rules-based global trade order which has manages to amicably handle trade disputes between countries for decades. P: So both the U.S. and China, which have blamed each other for the ongoing trade war, are doing no good to their own economic fortunes by engaging in tit-for-tat tariff battle. Q: Apart from disadvantaging its consumers, who will have to pay higher prices for certain goods, tariffs will also disrupt the supply chain of producers who rely on foreign imports. R: China, which is fighting an economic showdown, will be equally affected. S: The minutes of the U.S. Federal Reserve June policy meeting show that economic uncertainty due to the trade war is already affecting private investment in the U.S., with many investors deciding to scale back or delay their investment plans.?
1 Answers 4 Views