The paper proposes a model in which centre-periphery relations defined at a high level of generality (from the global level down to regional structures) can be analysed from a perspective of a number of disciplines, including political science (e.g. Rokkan’s theory of peripheries and centre-periphery cleavages), sociology (e.g. Bourdieu’s theory of the forms of capital) and linguistics (discourse analysis including code switching and politeness theories). It focuses on the nature of the discourse of peripheral elites which, as it is argued, live in a two or more dimensional social space and communicate in at least two separate codes (particularly languages): peripheral and central. Using the above mentioned theoretical concepts, the paper offers an attempt at theorisation of the mechanism of mutual perception of the centre and the periphery.
The main goal of the article was to verify gains and losses coming from participating in the global economy in the light of the core–periphery theory. It turned out to be undeniably true that transfers of industrial production to peripheral countries lead to higher living standards and indirectly favour political stability in core countries, while the hypothesis that the global financial market is a tool for exploitation of peripheral countries was proved to be false. The author established that financial speculations in core countries cause political destabilization in peripheral countries, and disproved the hypothesis that the higher the participation of periphery countries in the global economy, the higher the losses they suffer and the higher the advantages in core countries.