Semiperipheral Development: The Politics of Southern Europe in the Twentieth Century (Explorations in the World Economy)
Semiperipheral Development is the first book to place the history of Southern Europe in comparative and world-historical context by seeking to chart and explain common political-economic developments in Portugal, Spain, Italy, Greece, and Turkey. Arrighi focuses on the convergence of these countries′ experiences in the context of the current world-system: `Just as the convergence of the five countries towards authoritarian regimes and neo-mercantilist policies came to a head in the course of the world political-economic crisis of the 1930′s, so their convergence towards parliamentary regimes and neo-liberal policies has come to a head during the world political-economic crisis of the 1970′s′.