Detail Trade in Latin America: Unity is Strength   Oleh:  [s.n] Jenis: Article from Bulletin/Magazine Dalam koleksi: The Economist (http://search.proquest.com/) vol. 402 no. 8775 (Mar. 2012), page 18. Topik: International Trade; Industrial Economics; Protectionism Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: EE29.70 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel In recent years there has been a swagger about South America's biggest economies. Brazil was not only the B in BRIC, but it also had a thing or two to teach the world about how to run a modernizing economy. Argentina has nearly matched China for growth in the past two years. Now, suddenly, the confidence is giving way to fear. The worry is that competitors from Asia are eating the region's lunch. The governments of Brazil and Argentina, petrified of industrialization, are resorting to protection. Argentine officials now require some importers to match their orders with exports, an absurdity that has led to car firms selling wine. The Argentine government no longer grants automatic import licenses to Brazilian firms, making a mockery of the rules of Mercosur, to which both countries belong and which once aspired to be a proper customs union. In a more limited way, Brazil has also caught the protectionist bug. It is threatening to tear up an agreement with Mexico that allows free trade in cars between the two countries. South Americans are right to worry about industrialization. It has been almost impossible for large countries to become developed economies without strong industry. But attacking the symptoms, not the deeper causes, may make the problem worse. The main losers from higher trade barriers will be consumers who have to pay higher prices for cars and other products, while industrialists pocket undeserved profits. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

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