3 ms·

This is what Brazil does and it is definitely not winning.

• vslira 9y ago
  Exactly. When arguing something works you can't just ignore how often it doesn't. Development Economics is not so simple.
• stelonix 9y ago
  It was definitely working for a good part of the time. Mismanagement in other areas does not imply the recession was caused by protectionism. Actually, there are several different reasons for the Brazilian recession, yet none of them has anything to do with a "closed" market.