Excerpt From Essay
"What value remains in the concept of economic nationalism? As Michael Heilperin defined it in 1960, economic nationalism referred to "the desire to plan the economic life of the country as independently as possible of the condition of the world economy" (19£0:20). Heilperin's analysis echoes back to old battles between mercantilists and the liberal economists, whose arguments over trade and tariffs Eric Hobsbawm has summarized (1990:24-31). The concept of economic nationalism reached a particular florescence after World War I, sufficient to warrant its own volume in publisher H. W. Wilson's 1933 series of "timely topics" called The Reference Shelf (Hodgson 1933). Through the depths of the 1930s depression and the return of substantial tariff barriers, to the import substitution policies followed by many of the postcolonial new nations, the considerable literature concerned with "economic nationalism" describes the shifting alignments of economic and political borders (Burnell 1986; Johnson 1967; Simonds and Emeny 1935). Tracing these debates outlines an international history of the possibilities for social affiliation during the age of nation-states."
"Incorporating a Malaysian Nation," Thomas Williamson (401).