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In this episode, we dive into The New Economic Nationalism, which examines the history and impact of economic nationalism across different countries and time periods. The book explores how nations have prioritized domestic economic interests, sometimes at the expense of international cooperation and the interests of other countries. It traces the roots of economic nationalism from ancient empires and mercantilism to its modern-day manifestations.
Through detailed case studies of Italy, Germany, France, Spain, Japan, Taiwan, South Korea, Brazil, Argentina, China, India, and Hungary, we analyze the implementation of economic nationalist policies such as state intervention, protectionism, and strategic industrial policies. The episode also explores the political contexts and economic outcomes of these policies, providing a comprehensive understanding of how economic nationalism has shaped global trade and policy.
Key Takeaways:
The historical roots of economic nationalism and its evolution through time
Case studies from countries such as China, India, Germany, and Japan
The role of protectionism and state intervention in shaping national economies
Political contexts and economic outcomes of nationalist policies
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