Chiles Structural Adjustment
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Chile’s "Shock Therapy" and structural adjustment programs in Latin America. Reforms and outcomes
Author | : Sven Piechottka |
Publisher | : GRIN Verlag |
Total Pages | : 32 |
Release | : 2017-09-12 |
Genre | : Political Science |
ISBN | : 3668522790 |
Seminar paper from the year 2017 in the subject Politics - Region: Middle and South America, grade: 1,5, University of Potsdam (Chair for Political Science, Public Administration and Organization), course: Government and Governance in Developing Countries, language: English, abstract: In this short paper, I followed a comparative case study approach to explore the reforms and reform outcomes in four different Latin-American countries during the 1980s. I chose Chile as a successful example of structural adjustment politics and Bolivia, Peru and Argentina as deviating cases to evaluate different reform success. My findings supported a case-by-case evaluation. It turned out that orthodox structural adjustment policies were implemented differently in every country due to country-specific political, historical and institutional features as well as an altering relationship to international financing institutions. Generally, orthodox reforms seemed to back economic stabilization but not necessarily structural economic adjustment. A review of the current state of literature showed differing explanations for varying reform success. While some researchers attribute failure to heterodox deviation, others see a too orthodox course or suggest an explanation by inappropriate time and place for the reforms. Further research will be needed to clarify causalities. It is suggested to put a stronger focus on underlying context-dependent reform drivers and stumbling blocks.
Chile's Shock Therapy and Structural Adjustment Programs in Latin America. Reforms and Outcomes
Author | : Sven Piechottka |
Publisher | : Grin Publishing |
Total Pages | : 32 |
Release | : 2017-09-13 |
Genre | : |
ISBN | : 9783668522800 |
Seminar paper from the year 2017 in the subject Politics - International Politics - Region: Middle- and South America, grade: 1,5, University of Potsdam (Chair for Political Science, Public Administration and Organization), course: Government and Governance in Developing Countries, language: English, abstract: In this short paper, I followed a comparative case study approach to explore the reforms and reform outcomes in four different Latin-American countries during the 1980s. I chose Chile as a successful example of structural adjustment politics and Bolivia, Peru and Argentina as deviating cases to evaluate different reform success. My findings supported a case-by-case evaluation. It turned out that orthodox structural adjustment policies were implemented differently in every country due to country-specific political, historical and institutional features as well as an altering relationship to international financing institutions. Generally, orthodox reforms seemed to back economic stabilization but not necessarily structural economic adjustment. A review of the current state of literature showed differing explanations for varying reform success. While some researchers attribute failure to heterodox deviation, others see a too orthodox course or suggest an explanation by inappropriate time and place for the reforms. Further research will be needed to clarify causalities. It is suggested to put a stronger focus on underlying context-dependent reform drivers and stumbling blocks.
Assessing the Macroeconomic Impact of Structural Reforms in Chile
Author | : Metodij Hadzi-Vaskov |
Publisher | : International Monetary Fund |
Total Pages | : 25 |
Release | : 2018-12-14 |
Genre | : Business & Economics |
ISBN | : 1484392507 |
This study investigates the likely macroeconomic impact of various structural reforms that align the Chilean regulatory framework with international best practices. In this context, the analysis: i) presents a comparison across a large set of structural indicators; ii) identifies policy gaps with respect to OECD countries; and iii) provides quantification of the likely growth and fiscal impact of policy reforms needed to close the gaps. Chile’s economy is likely to benefit from streamlining business regulation and licensing, strengthening innovation and R&D capacity, improving labor market flexibility, and enhancing active labor market policies. Overall, the study presents a scenario in which Chile closes structural gaps with OECD’s 25th percentile over five years, with up to 6 percent higher output level and a cumulative net fiscal gain of about 1⁄2 percent of GDP.
Adjustment and Equity in Chile
Author | : Patricio Meller |
Publisher | : Paris, France : Development Centre of the Organisation for Economic Co-operation and Development ; [Washington, D.C. : OECD Publications and Information Centre |
Total Pages | : 108 |
Release | : 1992 |
Genre | : Business & Economics |
ISBN | : |
Structure and Structural Change in the Chilean Economy
Author | : P. Aroca |
Publisher | : Springer |
Total Pages | : 296 |
Release | : 2006-07-28 |
Genre | : Business & Economics |
ISBN | : 023023965X |
This book explores the macroeconomic changes in Chilean economics, complementing this with detailed sectoral evaluation and an analysis of the impacts at regional level. Evidence suggests a need to explore the degree to which economic development has or has not contributed to reducing disparities in level of welfare across the country.
Development Strategy and Structural Adjustment in Chile
Author | : Archibald R. M. Ritter |
Publisher | : North-South Institute = Institut Nord-Sud |
Total Pages | : 98 |
Release | : 1992 |
Genre | : Business & Economics |
ISBN | : |