To divide the empire into English core and colonial periphery, as Bailyn does, devalues the achievements of colonial culture.

把帝国划分为英国核心和殖民地外围，就像拜伦所做的那样，会贬低殖民文化的成就。

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But optimists argue that the scale of the bond-market moves and the dynamics behind them are totally different in the core and in the periphery.

但是乐观人士认为，核心国家和边缘国家债券市场波动的规模和波动的原因是截然不同的。

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Is the difference between core and periphery a problem?

核心国和边缘国之间的经济差异是个问题吗？

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EU, the authors split selected member countries into two groups: the core and the periphery.

ECONOMIST: Economics focus

With a common monetary policy, both the core and the periphery are about to get the opposite of what they need.

ECONOMIST: Europe grows apart

But optimists argue that the scale of the bond-market moves and the dynamics behind them are totally different in the core and in the periphery.

ECONOMIST: Get ready for more volatility in government bonds