In: Economics
1what is Raison d’etat?
Raison d’etat is a French expression to denote the “National Interest”. It simply means the reason of a state but exhibits the rationality of governing or why should a government priorities people’s choices. It’s all about the nation’s financial and economic planning which also focus the social wellbeing on the other side. It can be the expectations or ambitions of a government with respect to its socio-economic activities, production, education, health, military, law and order, cultural or otherwise.
Now a days a when a nation focus on its internal matters, it also highlights its international relationships especially in the trade and commerce which play a crucial role in the existence of any economy since the development cannot be met alone due to the impact of globalization on the unconditional aspects of an economy. Thus to protect the national interest the nation formulate strategic policies which cover the thoughtful and sound intentions of the economy where the citizens also get predominance in the process of development.