Polky, Plnning, and Rserch WORKING PAPERS IntenmUonal Trade International Economics Department The World Bank April 1989 WPS 182 Latin America's Experience with Export Subsidies Julio Nogu6s The failure of export subsidies, particularly in Argentina, should remind us to distinguish what is possible from what is likely. In Latin America the money would be better spent on infrastruc- ture, health, and education. The Policy, Planning, and Research Complex distributes PPR Working Papers to disseminate the findings of work in progress and to encouoagethe exchange of ideas among Bank staff 1 nd all otherninterested in development issues. These papers cafy the names of the authors. reflect ondytheir views, and should be used and cited accordingly.The findings, interpretations, and conclusions are the authors'own. They should not beattuibuted totheWorld Bank. its Board of Directors,its managerent, or any of its manbercountries. Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized