Clemens, Michael A.; Williamson, Jeffrey G. - In: Revista de Historia Económica 30 (2012) 01, pp. 11-44
Latin America had the highest tariffs in the world before 1914; Asia had the lowest. Heavily protected Latin America also boasted some of the most explosive <italic>belle époque</italic> growth, while open Asia registered some of the least. What brought the two regions to the opposite ends of the tariff policy...