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Re:Ghana will no longer sell cocoa to Switzerland by tim333 on Friday March 19, 2021 @11:31AM (#26514478)
When I was younger tariffs were popular in developing countries but they seldom seemed to produce much prosperity - quite the contrary really.

Maybe if you apply the tariffs very intelligently but most developing countries are not blessed with great non corrupt governments.

The

>pressured into free trade agreements (for example by making aid dependent on this)

is kind of telling. A lot of the long time free trading countries like HK and Singapore don't need aid. It's often the tarrifs that make places poor enough to need that.

Re:Ghana will no longer sell cocoa to Switzerland by Mauricebranagh on Friday March 19, 2021 @11:59AM (#26514875)
And even today you can see NH users in south America facing eyewatering taxes on computer hardware.
Re:Ghana will no longer sell cocoa to Switzerland by tim333 on Friday March 19, 2021 @04:51PM (#26518039)
Which is the kind of thing that hobbles the economy - it's not like those counties are building their own Intels and Apples as a result of the tariffs.
Re:Ghana will no longer sell cocoa to Switzerland by martinald on Friday March 19, 2021 @08:53PM (#26519755)
Yeah exactly. I think the idea of protectionism to kick start the economy probably worked a lot better in the 20th century. In a reasonable space of time you could clone a lot of the products you need and then start exporting.

Take cloning a 1970s car vs an electric one from 2021. While not trivial, I feel if you can make, stamp and weld steel you are half way there for the 1970s. For an electric car you need an enormous supply chain of batteries, microelectronics and all kinds of safety features, etc etc. It's so complicated that big car makers now basically just have one platform of car they base dozens of models off.

However, it's not all bad. China's one child policy is really going to start biting them over the next 10-20 years (and even though they've reduced it now it's hard to see the mindset ever changing) and there will be an enormous demand for cheap labour, which I expect Africa to provide.

Re:Ghana will no longer sell cocoa to Switzerland by tim333 on Saturday March 20, 2021 @03:27AM (#26521426)
It can work for things with high capital costs where the tariffs are used to keep the plant at full utilisation which is kind of what S Korea did and the US might do with a chip fab partly for strategic reasons.
Re:Ghana will no longer sell cocoa to Switzerland by marcosdumay on Friday March 19, 2021 @05:42PM (#26518407)
Things are even more problematic than tariffs keeping the people poor.

Developing countries do not have hugely diverse domestic industries with top of the line offerings. How can one create a successful business if every niche or high quality product you have around costs a lot more for you than for your compettitiors in developed countries?