Export Dynamism and Economic Growth since the 1990s

Abstract

The nineties marked a new stage for Chilean trade policy. Export dynamism was encouraged by a more comprehensive policy that combined both the principles of an open economy and free trade and integration agreements with several countries or groups of them — at the beginning, particularly in Latin America, and subsequently with diverse developed countries and other emerging regions. This strategy was implemented in a new economic environment characterized by high domestic investment and overall growing productivity, especially until 1998.

I appreciate the valuable comments of Sebastián Sáez, Rodrigo Heresi, and Heriberto Tapia.