Report Detail Summary

Self-Sufficiency, Nationalism, and Protectionism: The Common Elements

June 06, 2016

What we strongly disagree with are the generalizations that politicians and some economists make regarding the self-sufficiency. They conclude that by becoming self-sufficient, the economy’s employment and well-being will unambiguously increase. That may be true for specific or protected industries, yet this conclusion is commonly the result of an incomplete economic analysis that ignores the downstream and upstream implications of policies adopted to produce the intended results (in this case, self-sufficiency).

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