Unequal exchange of labour in the world economy.
Lord, this paper is a mess. So, let me get this straight โ if you include countries in the โGlobal Northโ that are approximately 10% of the worldโs 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 โemerging and developingโ 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 โglobal Southโ category.
What a damn joke. And yes, I did read the whole paper. Itโs bad. Itโs very bad. I canโt even judge its conclusions because its data is such junk. Could be true, could be false, who the fuck knows? GIGO.