Business/Markets/Stocks/Economics Random, Random

[mmmm8]

And Japan, China and S. Korea built strong economies on highly protectionist trade systems. Some of their methods were simply restricting imports, tariffs be damned.
I believe that S. America will never be able to become industrialized nations unless we impose such restrictions.

Famously tried and failed. This was the main policy for most South American countries in the mid-20th century. I know you know this, so what do you think could be done differently to make it succeed?

[Suliso]

Japan, China and South Korea are also strongly export oriented economies. Were South American countries too?

[mmmm8]

Japan, China and South Korea are also strongly export oriented economies. Were South American countries too?

Not at the height of the effort, which was focused on import substitution.

But most recently Argentina tried to become a cell phone exporter and they recently finally gave up.