1.   The economic position continued to worsen against the background of a poorly managed transition from an excessively protectionist economy to one based on free market principles.

2.   Given its history as a protectionist economy, this is an extraordinary turnabout.

3.   Some people want to have a protectionist economy.

4.   This republic would have a state-dominated, protectionist economy incorporating a large private sector, but banks, roads and telecommunications would be nationalized.

5.   For example, the IMF used the negotiations with Seoul to push a battering ram through the door of the highly protectionist South Korean economy.