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This paper describes the structural transformations that Chile has experienced in the last 50 years and how they have contributed-or not-to inclusive growth and genuine economic modernization from a historical perspective. The empirical analysis of the paper shows a premature deindustrialization...
Persistent link: https://www.econbiz.de/10012161611
This Element examines the process of economic development of the last 50 years or so under the neoliberal model in terms of impacts on growth, inflation, income and wealth distribution and structural change. The analysis includes a historical perspective from the 19th century to the present and...
Persistent link: https://www.econbiz.de/10014480773
Persistent link: https://www.econbiz.de/10015084709
Inequality is bad per se and has adverse effects, among other things, on economic development and the environment. It is also often argued that high and increasing inequalities put societies under stress, which increases the likelihood of social conflicts. However, the literature on this topic...
Persistent link: https://www.econbiz.de/10013469731
Persistent link: https://www.econbiz.de/10012154283