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The Political Economy of the Chilean Transition to Democracy

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  • Claudio Sapelli

    (Instituto de Economía)

Abstract

Chile’s economic performance since the mid 1990s has been outstanding. Several reasons account for this success. The strong initial position of the economy was a crucial asset. Broad consensus on economic matters helped a lot. This paper argues that the i

Suggested Citation

  • Claudio Sapelli, 2000. "The Political Economy of the Chilean Transition to Democracy," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 37(112), pages 537-556.
    • Handle: RePEc:ioe:cuadec:v:37:y:2000:i:112:p:537-556
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    References listed on IDEAS

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    7. Persson, Torsten & Tabellini, Guido, 1999. "Political economics and macroeconomic policy," Handbook of Macroeconomics, in: J. B. Taylor & M. Woodford (ed.), Handbook of Macroeconomics, edition 1, volume 1, chapter 22, pages 1397-1482, Elsevier.
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    10. Raul Laban & FElipe Larrain, 1995. "Continuity, Change, and the Political Economy of Transition in Chile," NBER Chapters, in: Reform, Recovery, and Growth: Latin America and the Middle East, pages 115-148, National Bureau of Economic Research, Inc.
    11. Persson, Torsten & Roland, Gerard & Tabellini, Guido, 1998. "Towards micropolitical foundations of public finance," European Economic Review, Elsevier, vol. 42(3-5), pages 685-694, May.
    12. Mendoza, Enrique G. & Milesi-Ferretti, Gian Maria & Asea, Patrick, 1997. "On the ineffectiveness of tax policy in altering long-run growth: Harberger's superneutrality conjecture," Journal of Public Economics, Elsevier, vol. 66(1), pages 99-126, October.
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    Cited by:

    1. Claudio Sapelli, 2003. "The Political Economics of Import Substitution Industrialization," Documentos de Trabajo 257, Instituto de Economia. Pontificia Universidad Católica de Chile..

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    More about this item

    Keywords

    Political economics; credibility; time inconsistency; institutions;
    All these keywords.

    JEL classification:

    • H0 - Public Economics - - General
    • P0 - Political Economy and Comparative Economic Systems - - General
    • O5 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies

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