| Subject: | Economics |
| Title: | Economic Nationalism and Developmental Priorities: Rethinking the Role of the State in Globalized Economies |
| Author(s): | Dr. Honnamma Kembhavi |
| Published on: | 30th October 2025 |
| Published by: | Lyceum India |
| Name of the Journal: | Lyceum India Journal of Social Sciences |
| ISSN/E-ISSN: | 3048-6513 |
| Volume & Issue: | Volume: 2, Issue: 5 |
| Pages: | 18-33 |
| Original DOI (if any): | 10.5281/zenodo.17465943 |
| Repository DOI: | |
| Abstract: | The resurgence of economic nationalism in the 21st century reflects a global re-evaluation of the state’s role in shaping development within increasingly interconnected economies. This study examines how economic nationalism influences developmental priorities by redefining state intervention, trade policies, and industrial strategies in response to globalization. It explores the tension between global market integration and national economic sovereignty, highlighting how nations balance protectionism with competitiveness to achieve inclusive growth. Drawing from contemporary examples, the paper argues that the state remains a pivotal actor in steering economic transformation through strategic policy frameworks, investment in innovation, and social welfare measures. The analysis underscores that rethinking the role of the state is essential not as a retreat from globalization but as an adaptive approach to ensure equitable development, economic resilience, and sustainable national progress amid evolving global dynamics. |
| Keywords: | Economic Nationalism, State-led Development, Developmental State, National Economic Policy, Protectionism and Trade Policy, Sustainable Economic Growth. |
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