Divergence and Peripheral Fordism in the European Union

Bibliographic Data

ID9257146
AuthorsPhilip Arestis (0000-0001-8729-4846, University of East London), Eleni Paliginis (Middlesex University)
Year1995
Volume53
Issue2
Pages261-284
Publication date1995-06-01
Open AccessNo
TypeARTICLE
VenueReview of Social Economy (JOURNAL)
Journal identifiersISSN: 0034-6764 • E-ISSN: 1470-1162
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.1080/00346769500000025
OpenAlexW2062542533
LanguageEN
Citations received5
References cited17

This paper attempts to show that convergence or divergence in the European Union (EU) will be influenced by developments in the periphery of Europe to a considerable extent, although the core situation cannot be ignored. In essence, therefore, it is the relationship between core and periphery that will determine the future of the EU. The main thesis of this study is that the EU economic position is such that divergence is more likely to occur than convergence. The focus of the analysis is what has come to be known as “Peripheral Fordism”, which enables us to suggest that periphery prospects for economic development are predicated upon substantial expansion of their industrial sectors based on indigenous forces. It is therefore the existing institutional structure within the EU that poses obstacles to convergence. Keywords: European UniondivergenceconvergenceCore FordismPeripheral Fordismeconomic development

Divergence (linguistics) · Economic geography · Economics · Economy · European union · Fordism · International trade · Linguistics · Political science · European Union Policy and Governance · Philosophy

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