Abstract
As compared to the other case studies, the Chilean experience is characterised by two distinctive features. First, the transition to the New Economic Model (NEM) began ata much earlier date This can be fixed precisely to the immediate aftermath of the military coup which overthrew the Popular Unity government in September 1973. Secondly, and largely as a result of the country being ruled by a military dictatorship, the reforms which put in place the NEM in Chile were implemented at a speed and with a scope and ideological coherence which is unparalleled in Latin America. The new model constituted a major rupture with the former politico-economic regime of democratic government characterised by extensive state intervention in the economy, and its successful introduction represents a major discontinuity in Chilean history.
The research for this chapter was supported by the Suntory-Toyota International Centre for Research in Economics and Related Disciplines (STICERD)
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© 1996 Institute of Latin American Studies
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Scott, C. (1996). The Distributive Impact of the New Economic Model in Chile. In: The New Economic Model in Latin America and its Impact on Income Distribution and Poverty. Institute of Latin American Studies Series. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-24520-8_7
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DOI: https://doi.org/10.1007/978-1-349-24520-8_7
Publisher Name: Palgrave Macmillan, London
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Online ISBN: 978-1-349-24520-8
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