noun
neomercantilism
An economic policy concept that revives mercantilist ideas in a modern context, emphasizing state intervention, trade surpluses, and protectionism.
新重商主義は、輸出を促進し輸入を制限する政策を指す。
Neomercantilism refers to policies that promote exports and restrict imports.
重商主義 is the historical mercantilism of early modern Europe, while 新重商主義 is its modern revival or reinterpretation.
Compound of 新 (new) + 重商主義 (mercantilism). The term is a direct calque from English 'neomercantilism'.