autarky
1
9.9
- noun
- /ˈɔːtɑrki/
- Specialized
:
autarquía
- Perhaps as a consequence of their troubled memories of central planning, autarky, and mass mobilization of a few decades ago, China's leaders today are committed to reform, at least so long as it improves the country's political and economic stability.
- economic autarky
Examples
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However, the autarky approach makes the analysis tidier and easier to follow.
Academic text (1993) -
Therefore, for both parties, cooperation appears to be a superior policy to autarky.
Academic text (2006) -
And those countries could be in autarky or potentially trading with one another.
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But all the supply chain stuff it is, is going to start forcing a greater degree of autarky if we're lucky.
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OK, under autarky, what is the consumer surplus?
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For net exporters, prices do rise when a country moves from autarky to free trade.
Blog text (1) -
Aiming at autarky and fostering international exchange do not go well together.
Academic text (1992) -
Agreements signed with Ukraine, Russia, Iran, and other states indicate that economic autarky, as opposed to interdependence, is the optimal strategy for Turkmenistan.
Academic text (1994) -
In rural provinces like Xinjiang, Hubei, and Liaoning, a tendency toward local autarky has been developing.
Academic text (1991) -
The government's push for autarky led to a significant reduction in imports and an increase in domestic production.
Synonyms
A policy of not buying or trading with other countries so the nation uses its own goods
Antonyms
How Self-Sufficient
Surface Forms
Etymology
Autarky comes from Greek parts auto- meaning 'self' and arkein meaning 'to be enough' or 'to suffice'. So autarky describes a country trying to be 'self-sufficient', meaning it meets its own needs without relying on other countries.