Nonintervention
- Noun
The state or habit of not intervening or interfering; as, the nonintervention of one state in the affairs of another.
More related articles
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Non-interventionism
Non-interventionism or non-intervention is a foreign policy that holds that political rulers should avoid interfering in the affairs of foreign nations relations but still retain diplomacy and trade, while avoiding wars unless related to direct self-defense. A 1915 definition is that non-interventionism is a policy characterized by the absence of "interference by a state or states in the external affairs of another state without its consent, or in its internal affairs with or without its consent".
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Economic liberalism
Economic liberalism, also referred to as liberal capitalism, is an economic system organized on individual lines, meaning that the greatest possible number of economic decisions are made by individuals or households rather than by collective institutions or organizations. It includes a spectrum of different economic policies but its basis is on strong support for a market economy and private property in the means of production. Although economic liberals can also be supportive of government regulation to a certain degree, they tend to oppose government intervention in the free market when it inhibits free trade and open competition.
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Yvon Delbos
counterpart Anthony Eden in fleshing out the policy of nonintervention.
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United States non-interventionism
Non-interventionism is the diplomatic policy whereby a nation seeks to avoid alliances with other nations in order to avoid being drawn into wars not related to direct territorial self-defense, has had a long history among government and popular opinion in the United States. At times, the degree and nature of this policy was better known as isolationism, such as the period between the world wars.
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Positive non-interventionism
Positive non-interventionism was the economic policy of Hong Kong; this policy can be traced back to the time when Hong Kong was under British rule. It was first officially implemented in 1971 by Financial Secretary of Hong Kong John Cowperthwaite, who observed that the economy was doing well in the absence of government intervention but it was important to create the regulatory and physical infrastructure to facilitate market-based decision making. The policy was continued by subsequent Financial Secretaries, including Sir Philip Haddon-Cave. Economist Milton Friedman has cited it as a fairly comprehensive implementation of laissez-faire policy, although Haddon-Cave has stated that the description of Hong Kong as a laissez-faire society was "frequent but inadequate".