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Mirando el Desarrollo Económico de Chile: Una Comparación Internacional

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Author Info
Verónica Mies
Rodrigo Fuentes

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Abstract

This paper examines the relative position of Chile through time and compared with other emerging and industrial economies, using various economic development indicators, particularly over the past two decades. It provides a descriptive analysis, without exploring causalities or testing hypotheses on the economic growth of the country, but it allows to reveal the strengths and weaknesses that serve as the base for growth policy discussion. The comparison of economic development indicators shows that Chile is relatively strong in macroeconomic stability, commercial and financial integration, quality of institutions, and in the progress of other structural reforms that are manifested in its well-developed capital market and private sector involvement in production. However, when it comes to quality of education, technological innovation efforts, infrastructure quality and quantity, and some social indicators, its performance is poor.

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Publisher Info
Paper provided by Instituto de Economía. Pontificia Universidad Católica de Chile. in its series Documentos de Trabajo with number 287.

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Date of creation: 2005
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Handle: RePEc:ioe:doctra:287

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  14. Levine, Ross & Renelt, David, 1992. "A Sensitivity Analysis of Cross-Country Growth Regressions," American Economic Review, American Economic Association, vol. 82(4), pages 942-63, September. [Downloadable!] (restricted)
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  16. Young, Alwyn, 1995. "The Tyranny of Numbers: Confronting the Statistical Realities of the East Asian Growth Experience," The Quarterly Journal of Economics, MIT Press, vol. 110(3), pages 641-80, August. [Downloadable!] (restricted)
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