A Macroeconomics-for-Growth in the Democratic Transition in Chile

Ricardo Ffrench-Davis

Chapter IX in Reforming Latin America’s Economies, 2005, pp 213-239 from Palgrave Macmillan

Abstract: Abstract Chile became one of the most dynamic emerging economies (EEs) in the 1990s. Key macroeconomic indicators show a remarkable accelerated growth of GDP, an increase in savings and investment ratios, a sustained reduction in inflation, unemployment and poverty, and a strengthening of the external position, thus diminishing the vulnerability of the economy to external shocks. In the past, these shocks have been a principal source of macroeconomic instability, particularly in 1975 and 1982.

Keywords: Exchange Rate; Monetary Policy; Real Exchange Rate; Pension Fund; Capital Inflow (search for similar items in EconPapers)
Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-50990-0_9

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DOI: 10.1057/9780230509900_9

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