Classifier Instance:

Anchor text: South Korea
Target Entity: South_Korea
Preceding Context: Beginning after the close of the 2nd World War, and coming into full prominence in the mid-1970s, trade policy architects of the world's highly industrialized nations began to embrace a transnational system of production, exchange & capital mobility in a process that has come to be known as Globalization. Proponents of Globalization, often referred to as advocates of Free Trade, embrace the economic philosophy of Neoliberalism articulated by economists working in the Neoclassical tradition, such as Milton Friedman. Neoliberalism emphasizes the Ricardian concept of comparative advantage over theories of Import Substitution Industrialization, which had gained prominence in the first half of the 20th Century and which involved a limited use of protectionist measures. Examples of Import Substitution Industrialization regimes include the Dirigisme of France in the De Gaulle era, Stalin's advocacy of Socialism In One Country and the economic policies of Taiwan and
Succeeding Context: in the 3 decades following the 2nd World War. Import Substitution Industrialization combines aspects of Infant Industry protection, promoted by Alexander Hamilton and Friedrich List, and which defined the trade policy of the United States and Britain during the 19th Century, with Keynesian stimulus policies.
Paragraph Title: Economic and Political dilemmas of an Autarky
Source Page: Autarky

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