autarky :

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autarky


  • n  economic independence as a national policy

  • First Manchuria, then the rest of the old imperial Chinese realm became the focus of Japan's rush toward autarky.
  • From the mid-1930s onward, Stalin aimed at absolute Soviet autarky and a complete separation of the Communist market from the capitalist one.
  • If you are too strict, you can push countries into autarky.
News & Articles

  • What If Nations Were Less Dependent on One Another?
    Submitted by Charles Hugh-Smith via Peak Prosperity , Autarky is more than a ten-dollar word for self-sufficiency, as it implies a number of questions that “self-sufficiency” alone might not. Autarky vs. Self-Sufficiency The ability to survive without trade or aid from other nations, for example, is not the same as the ability to reap enormous profits or grow one’s economy without trade with ...
    Jan. 16, 2014 - Zero Hedge

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