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Related to mercantilist: mercantile system, Physiocrats
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This person declined the request, not because of significant disagreement with the book's analysis, but because he was worried that Rodrik's book might "provide ammunition for the barbarians"--that is, protectionists, mercantilists, and other enemies of free trade.
China's distortionary, mercantilist policies rob the world of many of the benefits of free trade.
So why does the old mercantilist fallacy persist that exports are good and imports are a "drag on the economy" or a "drag on GDP"?
Donne and Nashe, for their part, are read as authors of a "wastrel" discourse that anticipates the mercantilist debates still decades away.
The sixth Majles of 2000-4 championed Khatami's proposals, and in 2002 the Rafsanjani-helmed Expediency Council checked the mercantilist Guardian Council's moves against the new foreign investment law, entitled the Foreign Investment Promotion and Protection Act.
It is the most important book resulting from the period in which the mercantilist approach gained its hegemony.
In Part 1 of the Essai, he began by discarding the mercantilist notion that money was wealth and then began to build his analysis of commerce from the ground up with an analysis of the property rights of landowners and the establishment of villages, market towns, and cities.
We can no longer allow the interests of our farmers to be compromised at the altar of mercantilist ambitions of the rich," Commerce and Industry Minister Anand Sharma, who leads India's delegation, was quoted as saying on Monday by Indian media.
Yesterday, Simon Vickers, book specialist at Edinburgh auctioneers Lyon & Turnbull, said: "He challenged the prevailing mercantilist economic philosophy - in which people saw national wealth in terms of a country's stock of gold and silver and imports as a danger to a nation's wealth - arguing that in a free exchange both sides became better off.
But those who target the WTO reveal a mixture of logical and illogical emotive responses, sometimes perceiving their cause in terms of anti-imperialism, sometimes in terms of opposition to what they perceive as the mercantilist nationalism of the more advanced nations, and sometimes defending the mercantilist rights of the poorer nations to practice their own mercantilist policies and to manage their own economies free from the attempts of the WTO to sweep them into the multinational net.
While innovative mercantilist policies can protect or serve certain short-term national business interests, they make the global economy less prosperous and more fragile.
Thus the logic of the new Pacific initiative: a free-trade agreement that includes many of the Asia-Pacific nations along with the United States, but one that is too demanding for a developing and mercantilist nation like China to enter yet.