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Core countries

Industrialized/developed countries

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Through Industrialisation, Capitalism and Imperialism

Core countries do not always stay "core" permanently. Throughout world history, core countries have been changing, and new ones have been added to the "core" list. These were the Asian, Indian, and Middle Eastern empires in the ages up to the 16th century; prominently Medieval India and the Chinese Empire, which were the richest regions in the world until the European Great Powers took the lead during the early modern period, although the major Asian powers were still very influential in the region. Europe remained ahead of the pack until the 20th century, when the two World Wars were disastrous for the European economies. It was then that the victorious United States and Soviet Union, up to the late 1980s, became the two hegemonic powers, creating a bipolar world order during the Cold War. In 1991, the collapse of the Soviet Union left the United States as the world's sole remaining superpower, sometimes referred to as a hyperpower.

Definition

Core countries control and profit the most from the world socio-economic and political system, and thus they are the "core" of the world economic system. These countries can exercise control over other countries or groups of countries by military, economic, and political means.

In the 20th–21st centuries, Australia, New Zealand, Canada, Western European countries, Japan, the United Kingdom, and the United States are considered examples of present core countries that have the most power in the world economic system.

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