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Friday, March 30, 2012
Analysis

Protectionism: Argentina Global Champion

Argentina, here represented by the Port of Buenos Aires,  has more protectionist measures than the rest of Latin America combined. (Photo: Claudio Elias)

Argentina more protectionist than Russia and China.

 

BY LBC STAFF

 

Argentina has implemented the largest number of protectionist measures worldwide, according to a Latin Business Chronicle analysis of Global Trade Alert data from the UK-based Center for Economic Policy Research.

 

Argentina has implemented a whopping 191 protectionist measures. Russia, the runner-up worldwide, has implemented 172 measures. 

 

In Latin America, Argentina has implemented more protectionist measures than the rest of the region combined (191 versus 170).

 

Brazil, Latin America’s largest economy, has implemented 86 protectionist measures – four times more than Mexico, the region’s second-largest economy.

 

Peru and Venezuela have implemented 18 and 11 protectionist measures, respectively. 

 

Costa Rica is the country with the fewest protectionist measures – only one, followed by Chile with two, the data from Global Trade Alert shows.

 

© Copyright Latin Business Chronicle

 

 

 

World’s Worst

Ranked by number of protectionist measures

 

Argentina

191

Russia

172

USA

106

India

101

China

100

 

 

Latin America’s Worst

Ranked by number of protectionist measures

 

Argentina

191

Brazil

86

Mexico

23

Peru

18

Venezuela

11

Colombia

7

Ecuador

6

Paraguay

6

Uruguay

4

Bolivia

3

Dom. Rep.

3

Chile

2

Costa Rica

1

 

Source: Latin Business Chronicle analysis of Global Trade Alert/Centre for Economic Policy Research

 

 

 

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