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Is Chile a model for economic development?

Universidad de Chile. Repositorio Académico

Título Is Chile a model for economic development?
Autor Ffrench-Davis, Ricardo
Descripción The Chilean economy is usually highly praised as a successful one since the imposition
of neoliberal reforms, under the dictatorship of general Pinochet in 1973. The fact is
that the four decades that have elapsed include sub-periods with quite different policy
approaches and notably diverse outcomes. There is neither one unique model nor only
one outcome. The four decades growth is moderate, averaging 4.2% per year; during the
16 years of dictatorship averaged 2.9% (meager), during one quarter of a century of
democracy, 5.1%, a good performance, but a vigorous 7.1% in the first years (1990-98)
and a modest 3.9% in the fifteen more recent years. Sometimes has performed closer to
become a “model” for development, sometimes the opposite. Focusing in three episodes
(1973-81, 1990-98 and 2008-13), we explore the underlying explanatory variables and
some lessons for building “a model for development”.
Fecha 2014-12-14T19:23:56Z
Tipo Documento de trabajo
Idioma en
Relación Serie de documentos de trabajo;392
Derechos Attribution-NonCommercial-NoDerivs 3.0 Chile
Publicador Universidad de Chile, Facultad de Economía y Negocios