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neomercantilism  

Definition

  • Deriving its name from mercantilism, the political economic philosophy characterized by the desire of nations to enrich themselves through the control of trade, neomercantilism is a similar philosophy modified to fit the modern world. Whereas mercantilism generally refers to the 16th through 18th centuries, neomercantilism usually is considered to span the 19th century through the present, especially the post-World War II period. [Source: Encyclopedia of Business in Today's World; Neomercantilism]

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https://concepts.sagepub.com/social-science/concept/neomercantilism

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