The phrase "peripheral nations" is correct and usable in written English.
It is typically used in discussions about global economics, politics, or sociology to refer to countries that are less developed or have less influence in the global arena.
Example: "The economic policies of peripheral nations often differ significantly from those of core nations, impacting their development trajectories."
Alternatives: "developing countries" or "marginalized nations".
Peripheral nations have huge debt loads.
If that happens, investors worry that other peripheral nations may also have to drop the euro.
And one result was a collapse of investor confidence in the peripheral nations' bonds.
Even with such policies, the peripheral nations would face years of hard times.
The economic bloc is converging and the surprise is that the peripheral nations are catching up to the core, and not the dragging it down.
Thirty years after the autonomous-community state was created, it is proving ill-suited to the aspirations of the peripheral "nations", particularly Catalonia and the Basque country.
It came from what was (in retrospect quite amazingly) a popular TV show called Into Europe that the state broadcaster put on to educate the populace of a peripheral nation that was going to join the European Economic Community in 1973.
Now, if you're running a peripheral nation, and the troika demands austerity, you have no choice except the nuclear option of leaving the euro, coming soon to a Balkan nation near you.
This research argues that the capitalistic world-economy, advantageous to the core nations of World Systems Theory, is simultaneously rebalancing inequalities for semi-peripheral nations through a diasporic mechanism that builds reciprocal embeddedness.
Rejected for membership in the European Union, Turkey under Erdogan has surged ahead of the peripheral European nations and assumed a leadership role in the region.
An analysis by Exotix, a research group, found that peripheral European nations have ratings six notches higher than emerging economies with similar financial conditions.The commission's paper is part of an ignoble tradition of "shooting the messenger".
