By john Economic nationalism has resurged across the world, reshaping international trade and foreign policy. Driven by economic insecurity, supply-chain Pokemon787 alternatif disruptions, and geopolitical rivalry, governments increasingly prioritize domestic industries and strategic autonomy over liberal globalization.
This shift manifests through protectionist policies: tariffs, local-content requirements, and industrial subsidies. The U.S. Inflation Reduction Act, India’s production-linked incentives, and Europe’s push for strategic autonomy reflect a global trend of using state power to boost competitiveness.
While economic nationalism aims to protect domestic workers and reduce dependence on foreign suppliers, it often complicates diplomatic relations. Trade tensions rise when countries accuse one another of unfair practices or subsidy distortion. Moreover, global supply chains become fragmented as firms diversify production to navigate regulatory uncertainty.
Developing nations face mixed consequences. On one hand, they gain opportunities to enter new supply chains as companies adopt “China-plus-one” strategies. On the other hand, they confront greater competition and reduced market access if advanced economies restrict imports or impose strict environmental and labor standards.
Multilateral institutions face pressure as members increasingly prioritize bilateral agreements and regional blocs. Economic nationalism may strengthen domestic resilience but risks undermining global cooperation. Balancing national interest with economic interdependence remains a major challenge for future diplomacy.