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Economic Patriotism
Economic patriotism, also referred to as New Economic Patriotism, is a term used to describe the practice of making economic decisions that prioritize certain groups, businesses, or industries based on their regional status. It involves favoring the interests of a specific region over personal interests, and implies a moral obligation to the community that supersedes obligations to those outside of it. Economic patriotism can encompass different geographical areas and can involve transfers between various levels of economic affinity. Economic patriotism is not limited to protectionism and can include a variety of policy approaches, from protectionist measures to market opening strategies. Unlike economic nationalism, economic patriotism emphasizes supporting and promoting one's own region's economy without abandoning strategic trade or foreign direct investment and without severely restricting immigration. Into the 2020s, the concept of New Economic Patriotism has gained traction, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Protectionism
Protectionism, sometimes referred to as trade protectionism, is the economic policy of restricting imports from other countries through methods such as tariffs on imported goods, import quotas, and a variety of other government regulations. Proponents argue that protectionist policies shield the producers, businesses, and workers of the import-competing sector in the country from foreign competitors and raise government revenue. Opponents argue that protectionist policies reduce trade, and adversely affect consumers in general (by raising the cost of imported goods) as well as the producers and workers in export sectors, both in the country implementing protectionist policies and in the countries against which the protections are implemented. Protectionism has been advocated mainly by parties that hold economic nationalist positions, while economically liberal political parties generally support free trade. There is a consensus among economists that protectionism has a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Integration
Economic integration is the unification of economic policies between different states, through the partial or full abolition of tariff and Non-tariff barriers to trade, non-tariff restrictions on trade. The trade-stimulation effects intended by means of economic integration are part of the contemporary economic Theory of the Second Best: where, in theory, the best option is free trade, with free competition and no trade barriers whatsoever. Free trade is treated as an idealistic option, and although realized within certain developed states, economic integration has been thought of as the "second best" option for global trade where barriers to full free trade exist. Economic integration is meant in turn to lead to lower prices for distributors and consumers with the goal of increasing the level of welfare, while leading to an increase of economic productivity of the states. Objective There are economic as well as political reasons why nations pursue economic integration. The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Domestic Sourcing
Domestic sourcing is the activity of contracting for goods or services that are delivered or manufactured within the buyer's home country's borders. Advantages of domestic sourcing Fast delivery Domestic sources are usually closer to the distributor or retailer than 'imported sources'. Sources like raw materials, services or products can be delivered in shorter periods of time compared to foreign sources. After sales, exchange or refunds of faulty products will benefit as well; as it is always easier to communicate with local business rather than international cooperations. Further, there is also quicker reaction to emergency situations or faster decision making to uncertainties in the market. Consumer confidence Shorter time for transportation could ensure that products such as food and drinks stay fresh. It is statistically proven that domestic sourcing increases consumer confidence; according to a report by IGD, 57% of consumer who consider buying local food because it is fres ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Union
The European Union (EU) is a supranational union, supranational political union, political and economic union of Member state of the European Union, member states that are Geography of the European Union, located primarily in Europe. The union has a total area of and an estimated population of over 449million as of 2024. The EU is often described as a ''sui generis'' political entity combining characteristics of both a federation and a confederation. Containing 5.5% of the world population in 2023, EU member states generated a nominal gross domestic product (GDP) of around €17.935 trillion in 2024, accounting for approximately one sixth of global economic output. Its cornerstone, the European Union Customs Union, Customs Union, paved the way to establishing European Single Market, an internal single market based on standardised European Union law, legal framework and legislation that applies in all member states in those matters, and only those matters, where the states ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Free Trade
Free trade is a trade policy that does not restrict imports or exports. In government, free trade is predominantly advocated by political parties that hold Economic liberalism, economically liberal positions, while economic nationalist political parties generally support protectionism, the opposite of free trade. Most nations are today members of the World Trade Organization multilateral trade agreements. States can unilaterally reduce regulations and duties on imports and exports, as well as form bilateral and multilateral free trade agreements. Free trade areas between groups of countries, such as the European Economic Area and the Mercosur open markets, establish a free trade zone among members while creating a protectionist barrier between that free trade area and the rest of the world. Most governments still impose some protectionist policies that are intended to support local employment, such as applying tariffs to imports or Subsidy, subsidies to exports. Governments may ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nicolas Sarkozy
Nicolas Paul Stéphane Sarközy de Nagy-Bocsa ( ; ; born 28 January 1955) is a French politician who served as President of France from 2007 to 2012. In 2021, he was found guilty of having tried to bribe a judge in 2014 to obtain information and spending beyond legal campaign funding limits during his 2012 re-election campaign. Born in Paris, his roots are 1/2 Hungarian Protestant, 1/4 Greek Jewish, and 1/4 French Catholic. Mayor of Neuilly-sur-Seine from 1983 to 2002, he was Ministry of the Economy and Finance (France), Minister of the Budget under Prime Minister Édouard Balladur (1993–1995) during François Mitterrand's second term. During Jacques Chirac's second presidential term, he served as Minister of the Interior (France), Minister of the Interior and as Minister of Finances (France), Minister of Finances. He was the leader of the Union for a Popular Movement (UMP) party from 2004 to 2007. He won the 2007 French presidential election by a 53.1% to 46.9% margin agai ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alistair Darling
Alistair Maclean Darling, Baron Darling of Roulanish, (28 November 1953 – 30 November 2023) was a British politician who served as Chancellor of the Exchequer under prime minister Gordon Brown from 2007 to 2010. A member of the Labour Party (UK), Labour Party, he was a Member of Parliament (United Kingdom), member of Parliament (MP) from 1987 to 2015, representing Edinburgh Central (UK Parliament constituency), Edinburgh Central and Edinburgh South West. Darling was first appointed chief secretary to the Treasury by prime minister Tony Blair in 1997, and was promoted to secretary of state for work and pensions in 1998. After spending four years at that department, he spent a further four years as secretary of state for transport, while also becoming secretary of state for Scotland in 2003. Blair moved Darling for a final time 2006 British cabinet reshuffle, in 2006, making him president of the Board of Trade and secretary of state for trade and industry. After Brown succeede ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dominique De Villepin
Dominique Marie François René Galouzeau de Villepin (; born 14 November 1953) is a French politician who served as Prime Minister of France from 31 May 2005 to 17 May 2007 under President Jacques Chirac. In his career working at the Ministry for Europe and Foreign Affairs (France), Ministry of Foreign Affairs, De Villepin rose through the ranks of the French right as one of Chirac's protégés. He came into the international spotlight as Minister of Foreign Affairs with his opposition to the 2003 invasion of Iraq, one year after his appointment to the office, which culminated with a speech to the United Nations. Before his tenure as prime minister, he also served as Minister of the Interior (2004–2005). After being replaced by François Fillon as prime minister, De Villepin was indicted in connection with the Clearstream affair, ''Clearstream'' affair; [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gaz De France
Gaz de France (GDF) was a French company which produced, transported and sold natural gas around the world, especially in France, its main market. The company was also particularly active in Belgium, the United Kingdom, Germany, and other European countries. Through its part-owned Belgian subsidiary SPE it was also involved in nuclear power generation. The company conducted a merger of equals with fellow utility company Suez on 22 July 2008 to form GDF Suez. Its head office was located in the 17th arrondissement of Paris. History Gaz de France was created with its sister company Électricité de France (EDF) in 1946 by the French Government. After the liberalisation of Europe’s energy markets, Gaz de France also entered into the electricity sector, having developed combined natural gas-electricity offerings. With part-privatisation EDF and Gaz de France latterly became two totally separate entities, with each controlling a distribution subsidiary responsible for running i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Enel
Enel S.p.A. is an Italian multinational manufacturer and distributor of electricity and gas. Enel was first established as a public body at the end of 1962, and then transformed into a limited company in 1992. In 1999, following the liberalisation of the electricity market in Italy, Enel was privatised. The Italian state, through the Ministry of Economy and Finance, is the main shareholder, with 23.6% of the share capital as of 31 December 2024. The company is quoted on the FTSE MIB index on the Borsa Italiana. History 1898–1962: Towards a national policy for electricity In 1898, the production of electricity in Italy was 100 GWh, and had a value of over $56 billion by 1960. The majority of the electricity was produced by regional private companies, or by companies linked to other industrial bodies, both local and regional, by exploiting the specific characteristics of the territory: its hydrogeological resources. The state subsidised the construction of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PepsiCo
PepsiCo, Inc. is an American multinational corporation, multinational food, snack, and beverage corporation headquartered in Harrison, New York, in the hamlet of Purchase, New York, Purchase. PepsiCo's business encompasses all aspects of the food and beverage market. It oversees the manufacturing, distribution, and marketing of its products. PepsiCo was formed in 1965 with the merger of the Pepsi-Cola Company and Frito-Lay, Frito-Lay, Inc., PepsiCo has since expanded from its namesake product Pepsi to an immensely diversified range of food and beverage brands. Significant acquisitions include Tropicana Products in 1998, the Quaker Oats Company in 2001, which added the Gatorade brand to the Pepsi portfolio, and Pioneer Foods in 2020 for US$1.7 billion. As of January 2021, the company possesses 23 brands that have over 1 billion $ each in sales annually. PepsiCo has operations all around the world and its products were distributed across more than 200 countries and territories, r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Danone
Danone S.A. () is a French multinational corporation, multinational food-products corporation based in Paris. It was founded in 1919 in Barcelona, Barcelona, Spain. It is listed on Euronext Paris, where it is a component of the CAC 40 stock market index. Some of the company's products are branded Dannon in the United States. As of 2018, Danone sold products in 120 markets, and, in 2018, had sales of €24.65 billion. In the first half of 2018, 29% of sales came from specialized nutritional preparations, 19% came from branded bottled water, and 52% came from dairy and plant-based products (including yogurt). History Name Danone was founded by Isaac Carasso (born İzak Karasu), a Thessaloniki-born Sephardic Jewish physician from the Ottoman Empire, who began producing traditional Turkish yogurt in Barcelona, Spain in 1919. The brand was named Danone, which translates to "little Daniel", after his son Daniel Carasso. In 1929, Isaac Carasso moved the company from Spain to Fra ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
