The Chilean Economy: Policy Lessons and Challenges

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Overview

In this book a prominent group of international scholars review the history of economic reform in Chile and assess the effectiveness of its policies. This information encompasses not only the successful approaches that turned around the Chilean economy, but also the significant mistakes that raised transition costs along the way.
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Editorial Reviews

Booknews
A prominent group of international scholars review the history of economic reform in Chile and assess the effectiveness of its policies. This information encompasses not only the successful approaches that turned around the Chilean economy, but also the significant mistakes that raised transition costs along the way. Centering their discussion on whether other countries should follow the Chilean approach, the authors evaluate the Chilean experience with stabilization policy, economic growth, privatization, social security reforms, and the politics of economic reform. Paper edition (unseen), $19.95. Annotation c. Book News, Inc., Portland, OR (booknews.com)
From the Publisher

"A must for applied international economists, development specialists, policymakers, reformers, and all those who want an excellent read about a country experience that illustrates at its best the complex interface between finance and development." — Finance & Development

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Product Details

  • ISBN-13: 9780815710455
  • Publisher: Brookings Institution Press
  • Publication date: 3/28/1994
  • Edition description: New Edition
  • Pages: 441
  • Lexile: 1500L (what's this?)
  • Product dimensions: 6.07 (w) x 9.06 (h) x 1.22 (d)

Meet the Author

Barry Bosworth is a senior fellow and Robert V. Roosa Chair in International Economics at the Brookings Institution. Rudiger Dornbusch is Ford International Professor of Economics at the Massachusetts Institute of Technology. Raúl Labán is an economist at CIEPLAN, a nonprofit research institution based in Chile. Raúl Labán is an economist at the Ministerio de Hacienda in Chile.

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Table of Contents

Introduction 1
Lessons from the Chilean Stabilization and Recovery 29
Exchange Rate Policy and Trade Strategy 81
The Chilean Experience with Capital Mobility 117
Saving, Investment, and Economic Growth 165
The Distribution of Income and Economic Adjustment 217
Social Security Reforms 257
Privatization and Regulation in Chile 329
The State and Economic Policy: Chile 1952-92 379
Conference Participants 431
Index 433
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