The Roots of Latin American Protectionism

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Release : 2002
Genre : Depressions
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The Roots of Latin American Protectionism - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Roots of Latin American Protectionism write by John H. Coatsworth. This book was released on 2002. The Roots of Latin American Protectionism available in PDF, EPUB and Kindle. This paper uncovers a fact that has not been well appreciated: tariffs in Latin America were far higher than anywhere else in the century before the Great Depression. This is a surprising fact given that this region has been said to have exploited globalization forces better than most during the pre-1914 belle epoque and for which the Great Depression has always been viewed as a critical policy turning point towards protection and de-linking from the world economy. This paper shows that the explanation cannot lie with output gains from protection, since, while such gains were present in Europe and its non-Latin offshoots, they were not present in Latin America. The paper then explores Latin American tariffs as a revenue source, as a protective device for special interests, and as the result of other political economy struggles. We conclude by asking whether the same pro-protection conditions exist today as those which existed more than a century ago

Substitutability and Protectionism

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Release : 2007
Genre : China
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Substitutability and Protectionism - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Substitutability and Protectionism write by . This book was released on 2007. Substitutability and Protectionism available in PDF, EPUB and Kindle. The authors examine the trade policy response of Latin American governments to the rapid growth of China and India in world markets. To explain higher protection in sectors where a large share is imported from these countries, they extend the "protection for sale" model to allow for different degrees of substitutability between domestically produced and imported varieties. The extension suggests that higher levels of protection toward Chinese goods can be explained by high substitutability between domestically produced goods and Chinese goods, whereas lower levels of protection toward goods imported from India can be explained by low substitutability with domestically produced goods. The data support the extension to the "protection for sale" model, which performs better than the original specification in terms of explaining Latin America's structure of protection.

Substitutability And Protectionism

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Release : 2011
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Substitutability And Protectionism - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Substitutability And Protectionism write by Giovanni Facchini. This book was released on 2011. Substitutability And Protectionism available in PDF, EPUB and Kindle. This article examines the trade policy response of Latin American governments to the rapid growth of Chinese and Indian exports in world markets. To explain more protection in sectors where a large share of imports originates in China and India, the "protection for sale" model is extended to allow for region-specific degrees of substitutability between domestic and imported varieties of a good. The results suggest that more protection toward Chinese and Indian goods can be explained by the higher substitutability of Chinese and Indian goods with domestic varieties. The data support the model, which performs better than the original protection for sale framework in explaining Latin America's structure of protection.

Latin America and the Global Economy

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Release : 2001-05-16
Genre : Business & Economics
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Latin America and the Global Economy - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Latin America and the Global Economy write by Ronald D. Fischer. This book was released on 2001-05-16. Latin America and the Global Economy available in PDF, EPUB and Kindle. Countries in Latin America have only recently begun to liberalize their economies and move towards free trade. However, non-traditional barriers to trade threaten this new direction of development. This collection uses the point of view of a developing country to analyse the effects of new forms of protection. It introduces a theoretical framework to analyse the effects of standards and contingent protection. A series of studies examine the global effects on Latin American trade. Specifically, four case-studies examine the effects of these new forms of protection on: environmental standards, labour standards, consumer protection and the problems facing Latin America cross-border investment.

The Decline of Latin American Economies

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Release : 2009-02-15
Genre : Business & Economics
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Book Rating : 036/5 ( reviews)

The Decline of Latin American Economies - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Decline of Latin American Economies write by Sebastian Edwards. This book was released on 2009-02-15. The Decline of Latin American Economies available in PDF, EPUB and Kindle. Latin America’s economic performance is mediocre at best, despite abundant natural resources and flourishing neighbors to the north. The perplexing question of how some of the wealthiest nations in the world in the nineteenth century are now the most crisis-prone has long puzzled economists and historians. The Decline of Latin American Economies examines the reality behind the struggling economies of Argentina, Chile, and Mexico. A distinguished panel of experts argues here that slow growth, rampant protectionism, and rising inflation plagued Latin America for years, where corrupt institutions and political unrest undermined the financial outlook of already besieged economies. Tracing Latin America’s growth and decline through two centuries, this volume illustrates how a once-prosperous continent now lags behind. Of interest to scholars and policymakers alike, it offers new insight into the relationship between political systems and economic development.