English word neomercantilism comes from English neo-, English mercantilism
Dictionary entry | Language | Definition |
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neo- | English (eng) | (organic chemistry) Being a newly-discovered or -synthesized variant of an existing compound. (organic chemistry) Having a structure, similar to that of neopentane, in which each hydrogen atom of a methyl group has been replaced by an alkyl group. Contemporary. New. |
mercantilism | English (eng) | (economics) The theory that holds that the prosperity of a nation depends upon its supply of capital, and that the global volume of trade is unchangeable.. (historical, economics) The theory that a nation must always have a positive balance of trade, in the manner that a merchant would operate a shop. Typically this model presupposes protectionism. |
neomercantilism | English (eng) | (economics) A modern economic policy that involves a return to the policies of mercantilism. |