Eric Helleiner is a Professor in the Department of Political Science at the University of Waterloo. He is the author of The Neomercantilists: A Global Intellectual History (Cornell University Press 2021) and The Contested World Economy: The Deep and Global Roots of International Political Economy (Cambridge University Press, 2023).

April 27, 2023

Analysis

The Revival of Neomercantilism

Global rivalries and prospects for cooperation

Amid intensifying geopolitical and economic rivalries, policymakers around the world—including those in the United States and European Union—are increasingly turning to neomercantilist industrial policies to promote the wealth and power of their states. This trend has been reinforced by the…