Abstract
Chile has become the most dynamic economy of Latin America in the 1990s. Key macroeconomic indicators show a remarkable improvement, while the accelerated growth of GDP has paralleled an increase in savings and investment ratios, a reduction in inflation and the rate of unemployment, and a strengthening of the external position, thus diminishing the vulnerability of the economy in the event of external shocks, which in the past have been a principal source of macroeconomic instability.
Coauthored with Raúl Labári. First published in C. Pizarro, D. Raczynski and J. Vial (eds.), Social and Economic Policies in Chile’s Transition to Democracy, CIEPLAN/UNICEF, Santiago, 1996.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Author information
Authors and Affiliations
Copyright information
© 2000 Ricardo Ffrench-Davis
About this chapter
Cite this chapter
Ffrench-Davis, R. (2000). Macroeconomic achievements in the democratic transition in Chile. In: Reforming the Reforms in Latin America. St Antony’s Series. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-137-04681-9_7
Download citation
DOI: https://doi.org/10.1007/978-1-137-04681-9_7
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-62729-5
Online ISBN: 978-1-137-04681-9
eBook Packages: Palgrave History CollectionHistory (R0)