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| dc.title | Mapping Crisis-Era Protectionism in Latin America and the Caribbean |
| dc.contributor.author | Evenett, Simon J. |
| dc.contributor.orgunit | Productivity, Trade and Innovation Sector |
| dc.coverage | The Caribbean |
| dc.coverage | Latin America |
| dc.date.available | 2014-05-16T00:00:00 |
| dc.date.issue | 2013-10-13T00:00:00 |
| dc.description.abstract | The resort to discrimination in the Latin American and Caribbean (LAC) region against foreign commercial interests is documented in this paper and compared to aggregate statistics for worldwide policy choice and for a comparator group of developing countries in the Asia Pacific region. LAC protectionism spiked later than in the rest of the world and, on average, the former nations resorted more to traditional protectionist tools than the latter. Within the LAC region, the heavier users of protectionism employed different cocktails of discriminatory policy instruments. An exploratory cross-country analysis of the potential macroeconomic drivers and substitutes for protectionism in LAC was undertaken. During the crisis era, resort to protectionism tended to be greater in nations that cut tariffs more during 2000-7 and that employed less aggressive fiscal stimulus packages once the crisis hit. Exchange rate depreciation appears to have complemented, rather than substituted, for protectionism. |
| dc.format.extent | 30 |
| dc.identifier.doi | http://dx.doi.org/10.18235/0006984 |
| dc.identifier.url | https://publications.iadb.org/publications/english/document/Mapping-Crisis-Era-Protectionism-in-Latin-America-and-the-Caribbean.pdf |
| dc.language.iso | en |
| dc.medium | Adobe PDF |
| dc.publisher | Inter-American Development Bank |
| dc.subject | Integration and Trade |
| dc.subject | Financial Crisis and Structural Adjustement |
| dc.subject | Exchange Rate |
| dc.subject | Devaluation of Currency |
| dc.subject.keywords | Protectionist measures;Tariff obligations;Trade defence measures;Traditional protectionism;Tariff increases;Trade defence;Foreign commercial interests |
| dc.type | Discussion Papers |
| idb.identifier.pubnumber | Discussion Papers |
| idb.operation | RG-K1299 |