Chile's Free-market Miracle

Chile's Free-market Miracle PDF

Author: Joseph Collins

Publisher: Food First Books

Published: 1995

Total Pages: 344

ISBN-13:

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"This polemic treatise attempts to prove that Chile's post-Allende neoliberal experiment cannot and should not be considered a 'miracle.' It contains a frontal attack against the free market, privatization, and trade liberalization principles of Chile's neoliberal paradigm"--Handbook of Latin American Studies, v. 57.

Victims of the Chilean Miracle

Victims of the Chilean Miracle PDF

Author: Peter Winn

Publisher: Duke University Press

Published: 2004-06-29

Total Pages: 442

ISBN-13: 9780822385851

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Chile was the first major Latin American nation to carry out a complete neoliberal transformation. Its policies—encouraging foreign investment, privatizing public sector companies and services, lowering trade barriers, reducing the size of the state, and embracing the market as a regulator of both the economy and society—produced an economic boom that some have hailed as a “miracle” to be emulated by other Latin American countries. But how have Chile’s millions of workers, whose hard labor and long hours have made the miracle possible, fared under this program? Through empirically grounded historical case studies, this volume examines the human underside of the Chilean economy over the past three decades, delineating the harsh inequities that persist in spite of growth, low inflation, and some decrease in poverty and unemployment. Implemented in the 1970s at the point of the bayonet and in the shadow of the torture chamber, the neoliberal policies of Augusto Pinochet’s dictatorship reversed many of the gains in wages, benefits, and working conditions that Chile’s workers had won during decades of struggle and triggered a severe economic crisis. Later refined and softened, Pinochet’s neoliberal model began, finally, to promote economic growth in the mid-1980s, and it was maintained by the center-left governments that followed the restoration of democracy in 1990. Yet, despite significant increases in worker productivity, real wages stagnated, the expected restoration of labor rights faltered, and gaps in income distribution continued to widen. To shed light on this history and these ongoing problems, the contributors look at industries long part of the Chilean economy—including textiles and copper—and industries that have expanded more recently—including fishing, forestry, and agriculture. They not only show how neoliberalism has affected Chile’s labor force in general but also how it has damaged the environment and imposed special burdens on women. Painting a sobering picture of the two Chiles—one increasingly rich, the other still mired in poverty—these essays suggest that the Chilean miracle may not be as miraculous as it seems. Contributors. Paul Drake Volker Frank Thomas Klubock Rachel Schurman Joel Stillerman Heidi Tinsman Peter Winn

Chile and the Neoliberal Trap

Chile and the Neoliberal Trap PDF

Author: Andrés Solimano

Publisher: Cambridge University Press

Published: 2012-04-30

Total Pages: 183

ISBN-13: 1107003547

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This book analyzes Chile's political economy and its attempt to build a market society in a highly inegalitarian country.

The Political Economy of Peripheral Growth

The Political Economy of Peripheral Growth PDF

Author: José Miguel Ahumada

Publisher: Springer

Published: 2019-03-23

Total Pages: 253

ISBN-13: 3030107434

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This book provides a political economy perspective on Chile’s contemporary economic development, explaining the different stages of Chile’s neoliberal pattern of economic integration into the global economy from 1973 to 2015. Three key explanatory variables are considered: the evolution of business-state relations, US geopolitical interest in the region through the waves of trade agreements, and the political impact of the dynamics of inflows and outflows of financial capital. Although Chile is typically considered to be a successful case of a free market economy, this book presents an alternative narrative of Chile’s growth through using a Latin American Structuralist political economy perspective. While it recognises the positive results in terms of growth, it also emphasises the lack of dynamic sources for long-term development, which embeds the economy into short-term booms followed by periods of stagnation.

Chile: A Role Model of Export Diversification Policies?

Chile: A Role Model of Export Diversification Policies? PDF

Author: Mr. Gonzalo Salinas

Publisher: International Monetary Fund

Published: 2021-05-27

Total Pages: 30

ISBN-13: 1513573373

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Largely because of its vast copper reserves, Chile’s exports are highly concentrated on this low complexity product and this is often cited as a major drawback of its economic policy framework. However, its exogenous copper abundance conceals the country’s success in developing non-mineral and complex exports. This achievement is remarkable considering its remoteness from the large international economic centers, which limits its integration to global value chains. As suggested in this paper, this accomplishment reflects Chile’s strength in policy areas that foster non-mineral exports (including complex exports), making the country a role model in export diversification and complexity policies among emerging market countries.

Pinochet's Economists

Pinochet's Economists PDF

Author: Juan Gabriel Valdes

Publisher: Cambridge University Press

Published: 1995-08-17

Total Pages: 358

ISBN-13: 9780521451468

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This book tells the extraordinary story of the Pinochet regime's economists, known as the "Chicago Boys". It explores the roots of their ideas and their sense of mission, following their training as economists at the Department of Economics at the University of Chicago. After their return to Chile, the "Chicago Boys" took advantage of the opportunity afforded them by the 1973 military coup to launch the first radical free market strategy implemented in a developing country. The ideological strength of their mission and the military authoritarianism of General Pinochet combined to transform an economy that, following the return to democracy, has stabilized and is now seen as a model for Latin America. This book, written by a political scientist, examines the neo-liberal economists and their perspective on the market. It also narrates the history of the transfer of ideas from the industrialized world to a developing country, which will be of particular interest to economists.

Economic Reforms in Chile

Economic Reforms in Chile PDF

Author: R. Ffrench-Davis

Publisher: Springer

Published: 2015-12-04

Total Pages: 314

ISBN-13: 0230289657

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This book provides an in-depth analysis of neo-liberal and progressive economic reforms and policies implemented in Chile since the Pinochet dictatorship. The core thesis of the book is that there is not just 'one Chilean economic model', but that several have been in force since the coup of 1973.

Buying into the Regime

Buying into the Regime PDF

Author: Heidi Tinsman

Publisher: Duke University Press

Published: 2014-01-13

Total Pages: 378

ISBN-13: 0822377373

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Buying into the Regime is a transnational history of how Chilean grapes created new forms of consumption and labor politics in both the United States and Chile. After seizing power in 1973, Augusto Pinochet embraced neoliberalism, transforming Chile’s economy. The country became the world's leading grape exporter. Heidi Tinsman traces the rise of Chile's fruit industry, examining how income from grape production enabled fruit workers, many of whom were women, to buy the commodities—appliances, clothing, cosmetics—flowing into Chile, and how this new consumerism influenced gender relations, as well as pro-democracy movements. Back in the United States, Chilean and U.S. businessmen aggressively marketed grapes as a wholesome snack. At the same time, the United Farm Workers and Chilean solidarity activists led parallel boycotts highlighting the use of pesticides and exploitation of labor in grape production. By the early-twenty-first century, Americans may have been better informed, but they were eating more grapes than ever.