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mercantilism$47963$ - translation to greek
ECONOMIC POLICY
Neo-mercantilism; New mercantilism
mercantilism
n. εμπορικό πνεύμα
Definition
mercantilism
['m?:k(?)nt???l?z(?)m]
¦ noun historical the economic theory that trade generates wealth and is stimulated by the accumulation of profitable balances, which a government should encourage by means of protectionism.
Derivatives
mercantilist noun & adjective
Wikipedia
Neomercantilism
Neomercantilism (also spelt as neo-mercantilism) is a policy regime that encourages exports, discourages imports, controls capital movement, and centralizes currency decisions in the hands of a central government. The objective of neomercantilist policies is to increase the level of foreign reserves held by the government, allowing more effective monetary policy and fiscal policy.
