Economic Policy in Chile's New Democracy
- 1 January 1999
- journal article
- Published by Cambridge University Press (CUP) in Journal of Interamerican Studies and World Affairs
- Vol. 41 (3) , 67-96
- https://doi.org/10.2307/166159
Abstract
The Aylwin and Frei administrations have taken a cautious approach in formulating economic policies. This article analyzes how they have maintained economic stability, fueled sustained growth, and coped with inflows of foreign capital. While achieving successes in macroeconomic policy, export development, and poverty alleviation, Chile also faces challenges, including high social inequality and the increasing difficulty of dealing with the effects of financial globalization.Keywords
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