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Life After the Commodity Boom: The Structure of Contemporary Peripheral Growth (2011–2015)

  • José Miguel Ahumada
Chapter

Abstract

This chapter analyzes the evolution and contemporary structure of Chile’s peripheral growth. First, it looks at the evolution of its growth since the seventies onwards. Then it compares Chile’s performance with late developers such as Finland and South Korea. Finally, the chapter proposes a structural view of its performance. It considers it to be the outcome of the complementarity interactions of four elements: the natural resource pattern of specialization, the strategies of FDI in the country, the structure and objectives of the national economic groups and the structural heterogeneity of the internal productive structure. These four elements, it is argued, reinforce each other and generate a weak growth with high social inequalities.

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Copyright information

© The Author(s) 2019

Authors and Affiliations

  • José Miguel Ahumada
    • 1
    • 2
  1. 1.Department of Politics and GovernmentAlberto Hurtado UniversitySantiagoChile
  2. 2.Institute of International StudiesUniversity of ChileSantiagoChile

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