Show simple item record

Progress and setbacks in the economic development of chile in thegovernments of concertacion: 1990-2009

Authordc.contributor.authorFfrench-Davis Muñoz, Ricardo 
Cita de ítemdc.identifier.citationTrimestre Económico Volumen: 83 Número: 1 Páginas: 5-34 (2016)en_US
General notedc.descriptionArtículo de publicación ISIen_US
General notedc.descriptionSin acceso a texto completo
Abstractdc.description.abstractEconomic policies and outcomes are examined covering the four Concertacion governments in 1990-2009. It is shown that in these two decades, in, contrast with the record of the dictatorship, the GDP per capita gap with developed economies was reduced significantly and inequality diminished moderately. However, the fast progress achieved in the first years of return to democracy (a GDP per capita growth of 5.4% annually in 1990-1998), dropped sharply in following years (to 2.3% in 1999-2009). The main cause is identified as a fundamental change in macroeconomic policies and in the persistent absence of productive development policies, increasingly relevant paripassu with progress along intermediate development stages. In all, nonetheless, per capita growth was notably higher than that achieved by the dictatorship (1.3% in 1974-1989 with increased inequality versus 3.7% in 1990-2009 and somewhat reduced inequality).en_US
Publisherdc.publisherFONDO CULTURA ECONOMICAen_US
Keywordsdc.subjectPro-and counter-cyclical recessive gaps and potential outputen_US
Keywordsdc.subjectReal macroeconomicsen_US
Títulodc.titleProgress and setbacks in the economic development of chile in thegovernments of concertacion: 1990-2009en_US
Document typedc.typeArtículo de revistaen_US

Files in this item


This item appears in the following Collection(s)

Show simple item record