The New Age of Empires and Worldwide Capitalism
DOI:
https://doi.org/10.35588/zp0g3e70Keywords:
Imperialism, Neomercantilism, Central-periphery Dynamic, Economic GrowthAbstract
The United States of Donald Trump are demonstrating an imperial will that is at ease with the will of Vladimir Putin in Russia. They put an end to multilateralism and advance a radical idea: a sort of "right of vassalage" of the geographical environment which history would confer on the great powers. This leaves behind the architecture built since the Second World War. Currently neo-mercantilism aims to seek commercial advantages and prevail in the race for control of resources. In this new context, growth policies in the peripheries should aim to cultivate the creation and multiplication of knowledge, increase public infrastructure and public, social, and private entrepreneurial capacity for innovation, removing competitive barriers due to incomplete and asymmetric information in capital markets.
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