| Abstrakt: |
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. [ABSTRACT FROM AUTHOR] |
