Does the famous crisis move the governments to the autarky?

Hello people!!

In my opinion, in the periods of crisis, the countries should open their borders and demonstrate to the world what the country is able to do. The main reason for doing that is to increase the exportations and the foreign or national consumption of the national products. Each country or company is specialised in a concrete sector, for this reason, they should improve, innovate with new products and mainly look for new market opportunities.

All around the world, each country has their main sector. In the last decades, Japan and Germany are showing that they are specialised in the quality and in the innovation, especially in technological products. China is important for the manufacture sectors, because it has a cheap labour-hand. Ireland is offering to their costumer solid bank guarantees, for this reason, the government is adopting important laws to protect this market and to obtain new costumers, mainly British and Irish savers that have their money abroad. British government is against this market option, but it is doing the same thing in other sectors.

In Spain the main sectors are the construction and the tourism, for this reason, the country should innovate in these sectors, giving to their clients the best; for example, in the tourism, the companies could give more quality to the costumer or offer innovative products. Nevertheless, the country must study new market tendencies and start to be specialised in new sectors, because it is really important to the country to do not depend only on a concrete sector or on a unique found of revenues. It should have more than one sector and found of revenues, because if one sector is damaged, the country will not be in bankruptcy. This is the case of Iceland; its main sector was the banking system, when the crisis started, the clients (mainly the non-Icelanders) withdraw and moved their saves to other banks from abroad. Now, the country is in a bankruptcy.

In one hand, it is normal that companies moved their manufactures or offices around the world. In Spain, companies invested a lot of money in the ’60. Now, the country must be adapted to the opposite thing because companies are going abroad, mainly the industries. For this reason, the government must be flexible and innovate in new sectors, mainly in research and innovation. The crisis is accelerating this process. If countries close their borders, they will lose opportunities abroad and they will lose a lot of cheap options to import products, because a lot of national products could be more expensive than external ones.

In another hand, the international organisms will be against this autarky, mainly for the basis or for the regulations of the International Trade (International Chamber of Commerce). The European Monetary Union, the WCO, WTO, etc. could be organisms against this proposal.

Have a nice day!!

Tender-man