Unequal exchange of labour in the world economy.
Lord, this paper is a mess. So, let me get this straight — if you include countries in the “Global North” that are approximately 10% of the world’s population, then the other 90% of countries produce 90% of the shit? Shock me harder, daddy.
And this, check this out.
The periphery, or global South, includes all other countries (i.e. the IMFโs ’emerging and developing’ countries). In EXIOBASE, several of the IMFโs โadvanced economiesโ (Singapore, San Marino, Iceland, Israel, Liechtenstein, Macao SAR, Hong Kong, Puerto Rico, Monaco, Bermuda, Andorra and New Zealand) are aggregated into regions, such as โRest of Europeโ, โRest of Asiaโ, etc. We were, therefore, compelled to include these countries in our ‘global Southโ category.
What a damn joke. And yes, I did read the whole paper. It’s bad. It’s very bad. I can’t even judge its conclusions because its data is such junk. Could be true, could be false, who the fuck knows? GIGO.