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World-System Theory: A sociopolitical approach to explain World economic development in a capitalistic

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  • By Mario COCCIA

    (Arizona State University, Interdisciplinary Science and Technology Building 1 (ISBT1) 550 E. Orange Street, Tempe-AZ 85287-4804 USA.)

Abstract

This conceptual paper describes world-systems theory that is a socioeconomic and political approach that explains the economic development and dynamics of capitalistic world economy. In particular, this study clarifies international market trade, economic division of labor and other relationships between core and periphery areas. Some limitations of this approach conclude this study.

Suggested Citation

  • By Mario COCCIA, 2018. "World-System Theory: A sociopolitical approach to explain World economic development in a capitalistic," Journal of Economics and Political Economy, EconSciences Journals, vol. 5(4), pages 459-465, December.
    • Handle: RePEc:cvv:journ1:v:5:y:2018:i:4:p:459-465
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    References listed on IDEAS

    as
    1. Mario COCCIA, 2018. "The origins of the economics of Innovation," Journal of Economic and Social Thought, EconSciences Journals, vol. 5(1), pages 9-28, March.
    2. Mario COCCIA, 2018. "Violent crime driven by income Inequality between countries," Turkish Economic Review, EconSciences Journals, vol. 5(1), pages 33-55, March.
    3. Mario COCCIA & Benati IGOR, 2018. "Rewards in public administration: A proposed classification," Journal of Social and Administrative Sciences, EconSciences Journals, vol. 5(2), pages 68-80, June.
    4. Mario Coccia & Emanuele Cadario, 2014. "Organisational (un)learning of public research labs in turbulent context," International Journal of Innovation and Learning, Inderscience Enterprises Ltd, vol. 15(2), pages 115-129.
    5. Mario COCCIA, 2018. "Theorem of not independence of any technological innovation," Journal of Economics Bibliography, KSP Journals, vol. 5(1), pages 29-35, March.
    6. Mario COCCIA, 2018. "Growth rate of population associated with high terrorism incidents in society," Journal of Economics Bibliography, EconSciences Journals, vol. 5(3), pages 142-158, September.
    7. Mario COCCIA, 2018. "The origins of the economics of Innovation," Journal of Economic and Social Thought, KSP Journals, vol. 5(1), pages 9-28, March.
    8. Mario COCCIA, 2018. "Classification of innovation considering technological interaction," Journal of Economics Bibliography, EconSciences Journals, vol. 5(2), pages 76-93, June.
    9. Mario COCCIA, 2018. "Violent crime driven by income Inequality between countries," Turkish Economic Review, KSP Journals, vol. 5(1), pages 33-55, March.
    10. Mario COCCIA, 2018. "Theorem of not independence of any technological innovation," Journal of Economics Bibliography, EconSciences Journals, vol. 5(1), pages 29-35, March.
    11. Mario COCCIA, 2018. "Measurement and assessment of the evolution of technology with a simple biological model," Turkish Economic Review, EconSciences Journals, vol. 5(3), pages 263-284, October.
    12. Mario Coccia, 2010. "Public and Private Investment in R&D: Complementary Effects and Interaction with Productivity Growth [Investimento pubblico e privato: in R&S: complementarietà ed interazione con la crescita della ," Post-Print hal-03468720, HAL.
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    Citations

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    Cited by:

    1. Mario COCCIA, 2019. "Revolution: Characteristics, taxonomies and situational causes," Journal of Economic and Social Thought, EconSciences Journals, vol. 6(1), pages 48-56, March.
    2. Mario COCCIA, 2019. "Metabolism of public organizations: A case study," Journal of Social and Administrative Sciences, EconSciences Journals, vol. 6(1), pages 1-9, March.
    3. Mario COCCIA, 2019. "Technological host-parasites co-evolution," Journal of Economics Library, EconSciences Journals, vol. 6(2), pages 97-117, June.
    4. Mario COCCIA, 2019. "Artificial intelligence technology in cancer imaging: Clinical challenges for detection of lung and breast cancer," Journal of Social and Administrative Sciences, EconSciences Journals, vol. 6(2), pages 82-98, June.
    5. Mario COCCIA, 2019. "Theories and the reasons for war: a survey," Journal of Economic and Social Thought, EconSciences Journals, vol. 6(2), pages 115-124, June.

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    Keywords

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    JEL classification:

    • F63 - International Economics - - Economic Impacts of Globalization - - - Economic Development
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General

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