The introduction of the neoliberal model in Chile and its social consequences
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Uniwersytet Łódzki
Wyższa Szkoła Gospodarki Euroregionalnej im. Alcide De Gasperi w Józefowie
Publication date: 2014-06-30
JoMS 2014;21(2):131–150
Chile is an example of a country which, thanks to the efficient management of public finances, managed to stabilize, and then entered the path of rapid growth of the national economy. The success of Chile is the result of deep reforms, which were initiated in the 70s XX century. Next phase of neo-liberal model of an open economy introduced in Chile in the 90s was aimed at stimulating internal sources of growth (eg., By encouraging the holders of capital investment and increasing productivity labor and human capital). Activation of entrepreneurship and innovation was seen as an opportunity to reduce dependence on copper exports from Chile and the world economic situation on the market of raw material. In the case of Chile “miracle” was made, focusing only on the economic aspect of the entire project, avoiding the issues of social and political freedom. Therefore, it is difficult to talk about the victory of economic reforms carried out by the notorious Chicago Boys, first, not making a sound assessment of the government of General Pinochet, secondly, without carrying out the analysis of the problems currently facing the State. It is not without significance in this context that serious protests rocked the country for a long time. Chile as a result of the reforms is currently experiencing serious problems in the education, health and so on. Longer it is difficult to ignore the huge social divide that sharpened layer between the privileged and those living in extreme poverty.