IDEAS home Printed from https://ideas.repec.org/a/bpj/evoice/v19y2022i2p263-283n10.html
   My bibliography  Save this article

The New Advocacy for Autarky: Self-Sufficiency is Now Once Again Becoming Popular for Geopolitical Reasons

Author

Listed:
  • Dieter Heribert

    (Stiftung Wissenschaft und Politik, Berlin, Germany)

  • Biedermann Johanna

    (University College Dublin, Dublin, Ireland)

Abstract

International economic relations and trade in particular have been thriving since World War II. Whilst the lowering of trade barriers and the dismantling of trade restrictions have long enjoyed support both among trade economists and policymakers, there has recently been a swing back to protectionist policies. In virtually all major economies, a surprising new interest in autarky can be observed. Today, both the USA and the member countries of the European Union prioritize domestic production of certain products, especially semiconductors. China has taken a decisive turn to trade policies that emphasize self-sufficiency and domestic production. India, which has long favoured sourcing from domestic producers, has at least partially embraced self-sufficiency. We analyze and add a historical lens to these recent developments. If they will continue, we argue that the world will see negative effects on welfare if these trends continue unchecked.

Suggested Citation

  • Dieter Heribert & Biedermann Johanna, 2022. "The New Advocacy for Autarky: Self-Sufficiency is Now Once Again Becoming Popular for Geopolitical Reasons," The Economists' Voice, De Gruyter, vol. 19(2), pages 125-145, December.
    • Handle: RePEc:bpj:evoice:v:19:y:2022:i:2:p:263-283:n:10
    DOI: 10.1515/ev-2022-2003
    as

    Download full text from publisher

    File URL: https://doi.org/10.1515/ev-2022-2003
    Download Restriction: For access to full text, subscription to the journal or payment for the individual article is required.
    File URL: https://libkey.io/10.1515/ev-2022-2003?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. By Peter Harnetty, 1971. "Cotton Exports and Indian Agriculture, 1861-1870," Economic History Review, Economic History Society, vol. 24(3), pages 414-429, August.
    2. Rodney J. Morrison, 1993. "The London Monetary and Economic Conference of 1933: A Public Goods Analysis," American Journal of Economics and Sociology, Wiley Blackwell, vol. 52(3), pages 307-321, July.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Dobromir Kirilov Stoyanov & Rumyana Dobreva Stoyanova & Kiril Stoyanov Stoyanov, 2024. "Marketing Efficiency of Autarkic Systems: The Case of North Korea," Post-Print hal-04547638, HAL.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Fenske, James & Gupta, Bishnupriya & Neumann, Cora, 2022. "Missing Women In Colonial India," CEPR Discussion Papers 17189, C.E.P.R. Discussion Papers.
    2. Bjornlund, Vibeke & Bjornlund, Henning, 2019. "Understanding agricultural water management in a historical context using a socioeconomic and biophysical framework," Agricultural Water Management, Elsevier, vol. 213(C), pages 454-467.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bpj:evoice:v:19:y:2022:i:2:p:263-283:n:10. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.degruyter.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.