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Colbertism

   Also found in: Wikipedia 0.04 sec.
Colbertism
the mercantilist theories of Jean Colbert in the 17th century, especially his advocacy of high protective tariffs.
See also: Economics

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Hence a paradoxical interpretation of the present situation: the economic slowdown observed in France since 2002, instead of being the expression of a long legacy of Colbertism and statism, is in fact evidence of the strong interdependence between French and American macroeconomic activity.
 
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