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A Macroeconomics-for-Growth in the Democratic Transition in Chile

  • Ricardo Ffrench-Davis

Abstract

Chile became one of the most dynamic emerging economies (EEs) in the 1990s. Key macroeconomic indicators show a remarkable accelerated growth of GDP, an increase in savings and investment ratios, a sustained reduction in inflation, unemployment and poverty, and a strengthening of the external position, thus diminishing the vulnerability of the economy to external shocks. In the past, these shocks have been a principal source of macroeconomic instability, particularly in 1975 and 1982.

Keywords

Exchange Rate Monetary Policy Real Exchange Rate Pension Fund Capital Inflow 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Ricardo Ffrench-Davis 2005

Authors and Affiliations

  • Ricardo Ffrench-Davis

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