Nations Can Try Promotion – Not Protectionism

In this article Anthony D’Costa, Asia Research Centre, CBS, describes a strategy of economic nationalism in motion – less nation-centered and more cooperative, aiming for far-reaching, transformative policies, with an offensive rather than defensive stance and pragmatism rather than ideology. “Fostering national economic development and competitiveness, promoting national companies and brands, is part of the economic-nationalism-in-motion portfolio,” he notes. “Market-driven globalization is not incompatible with state intervention.” D’Costa urges countries to re-examine economic-nationalism tendencies that reinforce rising inequality and other social problems.

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