COMMERCIAL POLICY AND ECONOMIC NATIONALISM.

The article examines the transformation of commercial policy in Western economic institutions under the impact of economic nationalism in Southeast Asia. The paper's thesis is that commercial policy in postwar Southeast Asia is intelligible in terms of the economic content of nationalism, rather than in terms of efforts to accelerate economic growth. In the first section, international trade theory is discussed, including ideas about economic policy and processes of economic growth. The author then discusses the assessment of the developmental content of an economic policy. Commercial policy in postwar Southeast Asia is detailed.