Economic Nationalism

Summary of Economic Nationalism

A conscious, articulated national drive toward economic self-sufficiency. Economic nationalism is comparable to Autarchy (read this and related legal terms for further details) but does not mandate the economic isolation inherent in the autarchical form.

(Main Author: William J. Miller)

Economic Nationalism and International Trade Economy

In relation to international trade economy, Christopher Mark (1993) provided the following definition of Economic Nationalism: A policy that places highest priority on increasing the economic strength and competitiveness of national firms and reducing economic, vulnerability, if necessary at the expense of trading partners’ political and economic interests, or at the risk of damage to international trading relationships. See also beggar- thy-neighborpolicies, and mercantilism.