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A Macroeconomics-for-Growth in the Democratic Transition in Chile

In: Reforming Latin America’s Economies

Author

Listed:
  • Ricardo Ffrench-Davis

Abstract

Chile became one of the most dynamic emerging economies (EEs) in the 1990s. Key macroeconomic indicators show a remarkable accelerated growth of GDP, an increase in savings and investment ratios, a sustained reduction in inflation, unemployment and poverty, and a strengthening of the external position, thus diminishing the vulnerability of the economy to external shocks. In the past, these shocks have been a principal source of macroeconomic instability, particularly in 1975 and 1982.

Suggested Citation

  • Ricardo Ffrench-Davis, 2005. "A Macroeconomics-for-Growth in the Democratic Transition in Chile," Palgrave Macmillan Books, in: Reforming Latin America’s Economies, chapter 0, pages 213-239, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-50990-0_9
    DOI: 10.1057/9780230509900_9
    as

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