Neomercantilism

Neomercantilism is a government policy that supports more exports, less imports, and more control over investment (capital movement). Also, the government has the power to make decisions involving money (currency).^[1] The goal is to increase foreign reserves, which gives the government more power over money.

1. ↑ Guerrieri, Paolo; Padoan, Pier Carlo (1986). "Neomercantilism and International Economic Stability". International Organization. 40 (1): 29–42. doi:10.1017/S002081830000446X. ISSN 0020-8183. JSTOR 2706741. S2CID 154785573.