I think Argentina has several failed infant industries, a good starting point is at the section Relative Lag on the [Wikipedia page][1].  A more specific example is when they tried nationalizing the railways from the British, as seen [in this article][2].  


  [1]: https://en.wikipedia.org/wiki/Economic_history_of_Argentina#Relative_lag
  [2]: http://cupola.gettysburg.edu/cgi/viewcontent.cgi?article=1053&context=ghj