The Effects of Protectionism on a Small Country: The Case of Uruguay (World Bank Regional and Sectoral Studies)

Protectionism in Uruguay, the subject of several World Bank reports, is under scrutiny here. Whereas previous work focused on describing Uruguay's protectionist measures, the essays in this volume detail the various regulatory mechanisms, model the protective instruments, and quantify their effects. Special emphasis is given to government interventions such as anti-dumping mechanisms and domestic content restrictions in the automobile assembly industry. Uruguay is considered an excellent model for the study of comparative and individual consequences of highly restrictive regulations for a small economy. Its study uncovers elements of relevance to many current economic problems in the world.