Monetarism and Liberalization the Chilean Experiment
- List Price: $34.00
- Binding: Paperback
- Publisher: Univ of Chicago Pr
- Publish date: 04/01/1991
Description:
Monetarism and Liberalization clearly explains the successes and problems of free-market policy in Chile, implemented in 1973 by the Pinochet regime under the guidance of economists trained at the University Of Chicago. The authors argue that it was a combination of misjudgments, including important policy errors, that led to the collapse of the Chilean economy in 1982-83. A new Afterword concludes that the Chilean market-oriented reforms have been largely successful and analyzes the probable fate of free-market economics under democratic rule in Chile.
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