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Is Brazil A Semi-Periphery Country?

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According to Wallerstein’s model, Brazil is considered to be a semi-periphery country. These types of countries refer to the industrializing, mostly capitalist countries which are positioned between the periphery and core countries, and shares some of their characteristics as well. Brazil is considered a developing country. Brazil is the largest national economy in Latin America, but it is still considered developing. Having both industrialization and global cities, Brazil has a high dependency on core countries. Core countries such as the United States or Canada aid Brazil. Brazil needs tourists to come from other nations, specifically core nations, such as New Zealand to benefit its economy. Additionally, to sustain its economy the exportation
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