Although Middle Eastern countries produce large quantities of oil for the world market, both are dependent on developed nations for capital and technology. According to Immanuel Wallerstein's world system theory, they are:

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According to Wallerstein's world system theory, semiperipheral areas are those that are not as advanced as core nations but are more developed than peripheral areas. They often have some level of industrialization and can exploit peripheral areas while being exploited by core nations. Middle Eastern countries, with their oil wealth but dependency on developed nations for capital and technology, fit this description.

Although Middle Eastern Countries Produce Large Quantities of Oil for the World