Policy Regimes, Inequality, Poverty and Growth: The Chilean Experience, 1973-2010
Since the 1970s, Chile has exhibited a highly skewed income distribution accompanied with strong fluctuations over time. Although income distribution worsened notably in the 1970s-80s, a significant improvement was recorded in the first half of the 1990s, resulting from better economic and social policies in the return to democracy. Nonetheless, Chile still faces significant challenges to improve development. There must be an active macroeconomic policy focused on the real economy. Chile also needs profound microeconomic reforms, including (i) capital markets, developing long-term financing channels for small businesses; (ii) radical progress in quality of education and labour training; and (iii) vigorous public support for innovation.
|Date of creation:||2012|
|Date of revision:|
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- Joseph Ramos Quiñones, 2008. "El desarrollo exportador chileno: Evolución y persepctivas," Working Papers wp289, University of Chile, Department of Economics.
- Alejandra Mizala & Pilar Romaguera, 2001.
"La legislaci�n laboral y el mercado del trabajo en Chile: 1975-2000,"
Documentos de Trabajo
114, Centro de Economía Aplicada, Universidad de Chile.
- Alejandra Mizala & Pilar Romaguera, 2002. "La legislaci�n laboral y el mercado del trabajo en Chile: 1975-2000," Documentos de Trabajo 116, Centro de Economía Aplicada, Universidad de Chile.
- Giovanni Andrea Cornia, 2010.
"Income Distribution under Latin America's New Left Regimes,"
Journal of Human Development and Capabilities,
Taylor & Francis Journals, vol. 11(1), pages 85-114.
- Giovanni Andrea cornia, 2009. "Income Distribution under Latin America’s New Left Regimes," Working Papers - Economics wp2009_16.rdf, Universita' degli Studi di Firenze, Dipartimento di Scienze per l'Economia e l'Impresa.
- Rodrik, Dani, 2001. "Why is there so much economic insecurity in Latin America?," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), April.
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