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Argentine President Cristina Kirchner leads Latin America's most protectionist country. (Photo: Argentina's Presidency)
Wednesday, August 14, 2013
Special Reports

Protectionism: Argentina World Leader

Only Russia worse than Argentina in protectionist measures.

BY LATINVEX STAFF

Argentina ranks second worldwide in recent protectionist measures likely to affect foreign trade, according to a Latinvex analysis of Global Trade Alert data from the UK-based Center for Economic Policy Research. Only Russia has implemented more measures.

Argentina has implemented 237 protectionist measures. That compares with 155 in Brazil, the second-worst country in Latin America and sixth-worst worldwide.

Interestingly enough, Brazil has implemented fewer recent protectionist measures than the United States (164) and the United Kingdom (156), the data shows.

On average Latin America implemented 48 protectionist measures.

Honduras, Costa Rica and the Dominican Republic were the countries that implemented the fewest protectionist measures. Combined they implemented 11 measures, or 21 times less than Argentina. Among Latin America's top seven economies, Chile and Peru are the least protectionist, according to the Latinvex analysis.

© Copyright Latinvex 

 

Latin America's Most Protectionist

Number of recent protectionist measures

Country

Measures

Argentina

237

Brazil

155

Uruguay

49

Mexico

44

Venezuela

42

Colombia

36

Ecuador

32

Paraguay

20

Bolivia

17

Peru

14

Chile

13

Dominican Republic

7

Costa Rica

3

Honduras

1

Average

48

World's Ten Worst Countries

Number of recent protectionist measures

Country

Measures

Russia

294

Argentina

237

India

190

USA

164

UK

156

Brazil

155

Germany

155

France

147

Italy

146

Belarus

142

  Source: Latinvex analysis of Global Trade Alert/Centre for Economic Policy Research

 

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