Development of theoretical approaches to the study of peripheral areas
<b>Importance</b> The paper focuses on the evolution of views on the notion of <i>peripheral areas</i> from the first theories (John H. Friedmann, Immanuel M. Wallerstein, the UN Economic Commission for Latin America and the Caribbean (UNECLAC), etc.) to the present day. <br></br> <b>Objectives</b> The paper aims to identify and overview the existing theoretical approaches to the study of peripheral areas, and determine their strengths and disadvantages. <br></br> <b>Methods</b> The theoretical basis of the study encompasses the <i>core-periphery model</i>, <i>world-systems analysis</i>, <i>dependency theory</i> (theory of peripheral economy), and the works on regional economics by Russian and foreign scholars. For the study, I used various methods of analysis, synthesis, generalization, and classification. <br></br> <b>Results</b> The paper summarizes the existing theoretical approaches to the study of peripheral areas. It suggests dividing the approaches into basic and auxiliary ones. The paper describes the basic approaches: geographical (geometric), economic, and political (managerial), saying that future studies on peripheral areas within these approaches are linked to the concepts of <i>economic space</i> and <i>spatial economy</i>. <br></br> <b>Conclusions</b> The analysis of scientific literature testifies to absence of the generally accepted view on essence of the <i>peripheral areas </i>concept. There are two directions of the considered approaches' development: the emergence of new supportive approaches and the transformation of traditional basic ones.