Chile's Rapid Growth in the 1990's-Good Policies, Good Luck, or Political Change? /

Chile's average economic growth between 1990 and 1998 was above 7 percent per year, more than double than in previous decades, and higher than in any other Latin American country in the same period. This paper assesses empirically the main hypotheses suggested in the literature about the factor...

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Detalles Bibliográficos
Autor principal: Jadresic, Esteban
Otros Autores: Zahler, Roberto
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2000.
Colección:IMF Working Papers; Working Paper ; No. 2000/153
Acceso en línea:Full text available on IMF
Descripción
Sumario:Chile's average economic growth between 1990 and 1998 was above 7 percent per year, more than double than in previous decades, and higher than in any other Latin American country in the same period. This paper assesses empirically the main hypotheses suggested in the literature about the factors underlying this rapid growth: good economic policies, good luck in the external sector, and the country's return to a democratic system of government. The statistical and quantitative results indicate that Chile's rapid growth during the 1990s was due to good policies and the improved political situation.
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Descripción Física:1 online resource (36 pages)
Formato:Mode of access: Internet
ISSN:1018-5941
Acceso:Electronic access restricted to authorized BRAC University faculty, staff and students