Policy Regimes, Inequality, Poverty and Growth: The Chilean Experience, 1973-2010
Dante Contreras and
Ricardo Ffrench-Davis
No wp-2012-004, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)
Abstract:
Since the 1970s, Chile has exhibited a highly skewed income distribution accompanied with strong fluctuations over time. Although income distribution worsened notably in the 1970s-80s, a significant improvement was recorded in the first half of the 1990s, resulting from better economic and social policies in the return to democracy. Nonetheless, Chile still faces significant challenges to improve development. There must be an active macroeconomic policy focused on the real economy.
Keywords: Economic policy; Income distribution; Macroeconomics; Microeconomics (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (10)
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