The resurgence of economic nationalism: Mercantilism, strategy and the State

Authors

  • Julio Sevares Universidad de Buenos Aires, Universidad Nacional de La Plata, Argentina

DOI:

https://doi.org/10.24215/23142766e189

Keywords:

nationalism, strategy, reglobalization

Abstract

Since 2007, a succession of crises has called into question the neoliberal globalization initiated in the 1980s, giving rise to a revival of nationalism, protectionism and strategic state policies. This is, strictly speaking, a revitalization of policies that have been present since the beginning of modern capitalism, including in Great Britain. For the peripheral countries, this trend aggravates the economic and social challenges because it can affect their export capacity and accelerates the competition and technological development of the more advanced powers, increasing the relative backwardness of these countries.

Downloads

Download data is not yet available.

Author Biography

Julio Sevares, Universidad de Buenos Aires, Universidad Nacional de La Plata, Argentina

Doctor en Ciencias Sociales (UBA), economista, profesor FCE-UBA e IRI-UNLP. Miembro del Grupo de Trabajo sobre China del CARI. Autor del libro "Choque de Gigantes. EE. UU. vs China y la Reglobalización" de Editorial Corregidor, 2023.

References

Bender, T. (2011). Historia de los Estados Unidos. Siglo XXI Editores.

Cámara de Exportadores de la República Argentina (abril de 2021). Xi en el Foro de Bao. https://www.cera.org.ar/node/77

Chávez Mazuelos, J. A. (2022). El sueño chino de rejuvenecimiento nacional y la política exte- rior bajo Xi Jinping. Agenda Internacional, 29(40), 31-55. https://doi.org/10.18800/agenda.202201.002

China Law Translate (junio de 2017). National intelligence law of China. https://www.chinala- wtranslate.com/national-intelligence-law-of-the-p-r-c-2017/

China Law Translate (abril de 2023). Anti-espionage law of the People's Republic of China. https://www.chinalawtranslate.com/en/counter-espionage-law-2023/

Comisión Europea (s.f.). El Pacto Verde europeo. Recuperado el 15 de marzo de 2024 de https://commission.europa.eu/strategy- and-policy/priorities-2019-2024/european-green-deal_es

Consejo Europeo. (20 de noviembre de 2018). Control de las inversiones: se alcanza un acuerdo político en el marco de la UE. https://www.consilium.eu- ropa.eu/es/press/press-releases/2018/11/20/screening-of-investments-politi- cal-agreement-reached-on-an-eu-framework/

Consejo Europeo. (28 de junio de 2024). Agenda Estratégica de la UE 2024-2029. https://www.consilium.europa.eu/es/policies/strategic-agenda-2024- 2029/#why

El Debate. (15 de enero de 2024). Draghi advierte: la UE flaquea frente a rivales como China y EE. UU. https://www.eldebate.com/internacional/20240115/draghi-alerta-ue- flaquea-ambito-geopolitico-economico-frente-rivales-como-china- eeuu_167067.html

EUR Lex (s.f.). Marco para el control de las inversiones extranjeras directas. Recuperado el 15 de marzo de 2024 de https://eur-lex.eu- ropa.eu/ES/legal-content/summary/screening-framework-for-foreign-direct- investments.html

Farrell, H. y Newman, A. (2023). The New Economic Security State. How De-risking Will Remake Geopolitics. Foreign Affairs. https://www.foreignaffairs.com/united- states/economic-security-state-farrell-newman

Farrell, H. y Newman, A. (2023). Underground empire: how America weaponized the world economy. Henry Holt & Co.

Greenfeld, L. (2003). The spirit of capitalism. Harvard University Press.

Kemp, T. (1981). Modelos históricos de industrialización. Libros de Confrontación.

National Counterintelligence Security Center. (21 de octubre de 2021). Protecting U.S. critical and emerging technologies from foreign threats. https://www.dni.gov/in- dex.php/ncsc-newsroom/3576-ncsc-fact-sheet-protecting-critical-and-emer- ging-u-s-technologies-from-foreign-threats

Norrlöf, C. (12 de enero de 2024) What the global economy and security require. Project Syndicate. https://www.project-syndicate.org/commentary/economic-security- agenda-balancing-competing-objectives-by-carla-norrlof-2024-01

Noticias ONU. (25 de septiembre de 2018). Trump rechaza el “globalismo” y abraza el patriotismo ante la Asamblea General. https://news.un.org/es/story/2018/09/1442332

Organización Mundial del Comercio. (noviembre de 2020). Informe sobre Comercio Mundial 2020. Políticas gubernamentales para promover la innovación en la era digital. https://doi.org/10.30875/32363538-es

Pempel, T. J. (1999). The developmental regime in a changing world economy. En M. J. Woo- Cummings (Ed.), The Developmental State (pp. 137-181). Cornell University Press.

Pei, M. (1 de diciembre de 2022). Policy continuity with rhetorical escalation: Parsing Xi Jinping’s political report to the 20th Party Congress. China Leadership Monitor, 74. https://www.prcleader.org/post/policy-continuity-with-rhetorical-escalation- xi-s-political-report-to-the-20th-party-congress

Sevares, J. (2022). La guerra tecnológica Estados Unidos-China y las amenazas para la perife- ria. Ciclos en la Historia, la Economía y la Sociedad, 29(59). https://doi.org/10.56503/CICLOS/Nro.59(2022)pp.81-106

Sevares, J. (2023). Choque de gigantes. Estados Unidos vs. China y la reglobalización. Corregidor.

Smith, A. (1776). An inquiry into the nature and causes of the wealth of nations. John Templeton Foundation.

The White House. (diciembre de 2017). National Security Strategy. https://trumpwhitehouse.ar- chives.gov/articles/new-national-security-strategy-new-era/

Tyson, L. y Zysman, J. (2023). The new industrial policy and its critics. Project Syndicate. https://www.project-syndicate.org/onpoint/the-case-for-new-industrial-pol- icy-by-laura-tyson-and-john-zysman-2023-11

United Nations Conference on Trade and Development. (diciembre de 2023). Global trade patterns take a geopolitical turn. Global Trade Update. https://unctad.org/publication/global-trade-update-december-2023

United Nations Conference on Trade and Development. (febrero de 2024). Outward FDI policies: promotion and facilitation-regulation and screening. Investment Policy Monitor. https://unctad.org/publication/out- ward-fdi-policies-promotion-and-facilitation-regulation-and-screening

Wade, R. (2004). Governing the market. Princeton University Press.

Xi, J. (29 de noviembre de 2012). Achieving rejuvenation is the dream of the Chinese People. The National People´s Congress of the People´s Republic of China. https://subsites.chinadaily.com.cn/npc/2021-12/03/c_685601.htm

Xinhua. (8 de marzo de 2023). Xi stresses enhancing integrated national strategies, strategic capabilities. https://english.news.cn/20230308/5252ecfad98a47e69341d62cfc9cf8de/c.html

Zhang, A. H. (19 de marzo de 2024). Angela Huyue Zhang Says More…On Chinese innovation, regulation, AI and more. Project Syndicate. https://www.project-syndi- cate.org/onpoint/an-interview-with-angela-huyue-zhang-on-china-innovation- regulation-ai-high-wire-2024-03

Published

2024-08-02

How to Cite

Sevares, J. (2024). The resurgence of economic nationalism: Mercantilism, strategy and the State. International Relations, 33(66), 189. https://doi.org/10.24215/23142766e189