Economic Nationalism The

Economic Nationalism The

Economic Nationalism, the policy of national self-sufficiency bolstered by tariffs, quotas, currency restrictions and other means of excluding imports. It was widely applied in varying degree in the inter-war years for various reasons to maintain employment, conserve currency reserves, foster local industries out of national pride, build up war industries, etc., by countries ranging from pacific Ireland to aggressive Nazi Germany. Since the end of World War II economic nationalism has given way to varying degrees of international economic liberalism in many parts of the world outside the communist countries. ii

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