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MERCANTILISM IN PERSPECTIVE: A HISTORIC REVIEW
Global Economy Journal Pub Date : 2021-03-12 , DOI: 10.1142/s2194565921500019
ONAH CELESTINE CHIJIOKE 1 , ADUMA ALOYSIUS 2 , DEBORAH O. OBI 1
Affiliation  

Nations’ human and material resources are unevenly endowed, distributed and developed. This allows flow of labor, raw materials, capital and finished products across national boundaries and markets; thus resulting in “mercantilism” as the earliest international economic system that proposes massive and aggressive export over import to accumulate wealth, to have favorable balance of payment and trade and to be still relevant in today’s economy. Game theory and Global Strategic Rivalry theory were used in analyzing various innovations and discoveries (industrial, technological, colonial, imperial, liberalism and globalization) as the economic strategies are offshoots of mercantilist evolvement. Hence, mercantilism never died nor was it buried as claimed by many scholars.

中文翻译:

重商主义视角:历史回顾

各国的人力、物力资源禀赋不均、分布不均、开发不均。这使得劳动力、原材料、资本和成品可以跨越国界和市场流动;从而导致“重商主义”成为最早的国际经济体系,它提出大规模和激进的出口而不是进口,以积累财富,实现良好的国际收支和贸易平衡,并在今天的经济中仍然适用。博弈论和全球战略竞争理论被用于分析各种创新和发现(工业、技术、殖民、帝国、自由主义和全球化),因为经济战略是重商主义演变的分支。因此,重商主义从未消亡,也没有像许多学者所声称的那样被埋葬。
更新日期:2021-03-12
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