autarky

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au·tar·ky

or au·tar·chy  (ô′tär′kē)
n. pl. au·tar·kies or au·tar·chies
1. A policy of national self-sufficiency and nonreliance on imports or economic aid.
2. A self-sufficient region or country.

[Greek autarkeia, self-sufficiency, from autarkēs, self-sufficient : auto-, auto- + arkein, to suffice.]

au·tar′kic (-kĭk), au·tar′ki·cal (-kĭ-kəl) adj.

autarky

(ˈɔːtɑːkɪ)
n, pl -kies
1. (Government, Politics & Diplomacy) (esp of a political unit) a system or policy of economic self-sufficiency aimed at removing the need for imports
2. (Government, Politics & Diplomacy) an economically self-sufficient country
[C17: from Greek autarkeia, from autarkēs self-sufficient, from auto- + arkein to suffice]
auˈtarkic adj
ˈautarkist n

au•tar•ky

or au•tar•chy

(ˈɔ tɑr ki)

n., pl. -kies.
the condition of self-sufficiency, esp. economic, as applied to a nation.
[1610–20; < Greek autárkeia <autarkēs self–sufficient =aut aut + arkeîn suffice]
au•tar′kic, au•tar′ki•cal, adj.
au′tar•kist, n.

autarky

a national policy of economic self-sufficiency or independence. — autarkist, n. — autarkie, autarkical, adj.
See also: Economics
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.autarky - economic independence as a national policy
independence, independency - freedom from control or influence of another or others
Translations
autarkija

autarky

nAutarkie f
References in periodicals archive ?
The US is still a relatively closed economy and, compared to other nations, trade is a relatively modest part of the overall economy.
From IMF consider that Macedonia, being a small and geographically closed economy, can only reduce unemployment by attracting foreign investments.
This study attempts to estimate a closed economy version of the NK model using robust econometric technique.
Iran cannot be "managed as a closed economy and have these issues solved," said Mousaei, who also heads the Tehran-based Islamic Economics Scientific Association of Iran.
It is a relatively closed economy, and benefits greatly from cheaper oil, so this idea is not at all outlandish.
North Korea's closed economy rose last year at a slightly slower pace compared to 2013, South Korea's central bank data showed on Friday, even as the United Nations toughened sanctions for its nuclear and missile programs, Reuters said June 27.
The most interesting current case is Myanmar where it has been a closed economy for quite a long time.
The Why Australia: Benchmark Report 2014 report shows Australia has transformed from a comparatively homogenous society, with a closed economy, into a thriving melting pot which is entering its 23rd year of continuous economic growth", Mr Suckling said.
For the transition countries, it is useful to carry out reforms, to shift from closed economy to open economy, to handle the past long term problems and to create favorable conditions for stable and long term economic growth.
ICRIER director and CE Dr Rajat Kathuria said that India was a closed economy back in 1983 when the institute was established.
In terms of economy, Malaysia took early steps to transform from a relatively closed economy, depending mainly on agriculture and mining, to an open economy that is well-integrated in regional and global economies.
The seminal credit cycle theory of Mises (1912) and Hayek (1976 [1929]; 1967 [1935]) was elaborated as closed economy framework.