are common with the relationship that exists between and among the periphery, semi-periphery and the core countries. However, the theory has room for both an upward or downward mobility, in a sense that a peripheral country could move into a semi-peripheral country or a semi peripheral country moving into a core, and the other way, a core country moves to semi periphery whereas semi periphery also moves to periphery. A lot of African countries including to Ghana fall within this stage. This theory will be used to analyze if the relationship has a positive impact for China and Ghana and as to whether it can provide a good grounds for Ghana to move out of its current situation. Figure 7 STRUCTURE OF THE WORLD SYSTEM THEORY 4.2.2 APPLICATION OF THE THEORY In an attempt to apply the theory to Sino-Ghana trading and investment relations, the status or position for each in the world system hierarchs becomes important. China falls under the and Ghana in the periphery. Besides, it is worth stating that the activities from the core countries can directly or indirectly play a role in the relationship. For instance, Ghana as a peripheral country has been over the past years exporting primary products like timber, cocoa, gold, diamond, bauxite to core countries and also to the Chinese. The Chinese alternative therefore, could create some impacts on the relationship. The reason being that Ghana now have an alternative market for the exports of her products thus to the core and the semi-periphery, but will this be a blessing in disguise, is what the study seeks to find out in the empirical chapter. China as a semi peripheral export both manufactured and raw materials to Ghana as well as to the core countries and also imports both raw materials and manufacturers from those destinations respectively. For example, there are over more than 800 Chinese state-own enterprise companies operating in Africa of which, most are into the extractive industries and this is one of the soft power policies towards the continent (Martyn, 2008). country’s
are common with the relationship that exists between and among the periphery, semi-periphery and the core countries. However, the theory has room for both an upward or downward mobility, in a sense that a peripheral country could move into a semi-peripheral country or a semi peripheral country moving into a core, and the other way, a core country moves to semi periphery whereas semi periphery also moves to periphery. A lot of African countries including to Ghana fall within this stage. This theory will be used to analyze if the relationship has a positive impact for China and Ghana and as to whether it can provide a good grounds for Ghana to move out of its current situation. Figure 7 STRUCTURE OF THE WORLD SYSTEM THEORY 4.2.2 APPLICATION OF THE THEORY In an attempt to apply the theory to Sino-Ghana trading and investment relations, the status or position for each in the world system hierarchs becomes important. China falls under the and Ghana in the periphery. Besides, it is worth stating that the activities from the core countries can directly or indirectly play a role in the relationship. For instance, Ghana as a peripheral country has been over the past years exporting primary products like timber, cocoa, gold, diamond, bauxite to core countries and also to the Chinese. The Chinese alternative therefore, could create some impacts on the relationship. The reason being that Ghana now have an alternative market for the exports of her products thus to the core and the semi-periphery, but will this be a blessing in disguise, is what the study seeks to find out in the empirical chapter. China as a semi peripheral export both manufactured and raw materials to Ghana as well as to the core countries and also imports both raw materials and manufacturers from those destinations respectively. For example, there are over more than 800 Chinese state-own enterprise companies operating in Africa of which, most are into the extractive industries and this is one of the country’s soft power policies towards the continent (Martyn, 2008).
SUBMIT_27_07_2014.docx