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[Core Tech] Economic Nationalism in the Global Economy: A Comparative Study of Brazil and India

Published at: 2026-08-13 22:00 Last updated: 2026-08-14 00:05
#India #Economic Nationalism #Brazil #Global Economy

MIT Department of Urban Studies and Planning Associate Professor Jason Jackson has released a new book titled “Constructing Economic Nationalisms in Brazil and India” (Cambridge University Press, 2026). This book delves into how Brazil and India developed distinct brands of economic nationalism from the late 1800s through the early post-World War II era. Jackson’s research reveals that economic nationalism in Brazil and India is not simply an “anti-foreign” policy, but rather a means of regulating foreign investment to advance their standing in the industrialized world. Both countries faced similar challenges, including limited access to finance and technology, but their approaches to addressing these challenges differed significantly. Brazil focused on protecting its natural resources, particularly oil, while India emphasized developing its manufacturing sector, especially the automotive industry. By examining the foreign direct investment policies of both countries, Jackson sheds light on the diverse manifestations of economic nationalism. Jackson argues that understanding nationalism is crucial for interpreting contemporary geopolitics. He notes that nationalism has become an undeniable force in recent years, with countries striving to balance globalization and nationalism. Blogger's Review: This book provides a unique perspective on how economic nationalism in Brazil and India has influenced their economic development and geopolitical relationships. By comparing the economic policies and development strategies of both countries, we can gain a deeper understanding of how nationalism shapes a country's economic and political trajectory. Moreover, the book reminds us that nationalism is not a relic of the past but a living force that continues to impact the global economy and political landscape.

Original Source: https://news.mit.edu/2026/past-prologue-geopolitical-developments-0804

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