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Foreign Trade
Encyclopedia entry from: Encyclopedia of Russian History
...Russia conducted an offand-on policy of self-sufficiency or autarky. According to Michael Kaser's figures, export volumes rose...War II, Russia no longer pursued such an extreme policy of autarky. Export volumes rose every year, reaching 4.6 times the...
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Bhagwati, Jagdish
Encyclopedia entry from: International Encyclopedia of the Social Sciences
...by ambivalence with respect to the superiority of trade over autarky. It had been pointed out that when domestic distortions such...there was no guarantee that free trade would be superior to autarky. Bhagwati and Ramaswami demonstrated that once an appropriate...
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Industrialization, Rapid
Encyclopedia entry from: Encyclopedia of Russian History
...thrust would be to build an indigenous heavy industrial base and early self-sufficiency in all industrial goods, and more autarky. The high level of forced savings would minimize consumption and hence provide for higher rate of investment, faster growth...
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Most-Favored-Nation Principle
Encyclopedia entry from: Encyclopedia of American Foreign Policy
...to develop the nation's resources and secure neutral rights internationally. Leaders of the early republic did not seek autarky (that is, national economic self-sufficiency and independence). Indeed, Benjamin Franklin and Thomas Jefferson, for...
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Sociology, Latin American
Encyclopedia entry from: International Encyclopedia of the Social Sciences
...from opening their countries to multinational corporations. Consequently, they recommended either socialist revolution or autarky; that is, delinking from the global economy as the best means to promote national development. Critics of dependency theory...
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world trade and world economy
Book article from: The Oxford Companion to World War II
...Japan, Italy, and Germany, saw the solution to their relatively weak position in the world economy in pursuing ‘autarky’, or self-sufficiency, cutting off dependence on the world economy. They also sought a solution to their shortages...
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Import Substitution
Encyclopedia entry from: International Encyclopedia of the Social Sciences
...centers; and heavy taxation on agricultural exports. Therefore, one could argue that import substitution results in economic autarky. Despite widespread enthusiasm in the 1940s and 1950s, levels of economic success among governments that pursued ISI policies...
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Trade
Encyclopedia entry from: International Encyclopedia of the Social Sciences
...quotas, or other barriers to trade), these must be the price differences that would prevail in the absence of trade (autarky). Compare the relative price (of, for example, wine in terms of cheese) at home to the same relative price abroad in...
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Inegalitarianism
Encyclopedia entry from: International Encyclopedia of the Social Sciences
...including very undesirable things such as suppression of thought and dissent. Second, equality in a single society requires autarky and risks the selective emigration of the especially productive; both of these effects are likely to be economically crippling...
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Globalization
Encyclopedia entry from: Encyclopedia of Small Business
...power underlies it: political power expressed as force. Trade-based policies in the past have been balanced by policies of autarky, a word Merriam-Webster defines to mean "national economic self-sufficiency; a policy of establishing independence of...
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