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A recently much debated issue is why observed investment and growth rates inpoor countries are lower than traditional theory predicts. Empirical evidencesuggests that social and political instability is a major reason for thedivergence between poor and rich countries. However, there is still the...
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We aim to provide a broad descriptive overview of Chile's social issues, in comparison to other countries and over time … countries with similar level and path of development. Second, Chile seems to be one of the few countries in Latin America with …
Persistent link: https://www.econbiz.de/10012610701
conflict. The case studies - Argentina, Chile, South Korea , and Turkey - have been chosen to maximise variation in …
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Between 2000 and 2017, Chile presented a great economic performance, with an average GDP growth of 3.87%. Nevertheless …, Chile has confronted a great number of conflicts, reaching its peak of tension in the 2006 “Revolución de los Pinguinos” and … the protests against the private pension funds. The present paper aims to explain the paradox that Chile has faced between …
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Modern economics has largely ignored the issue of outright conflict as an alternative way of allocating goods, assuming instead the existence of well-defined property rights enforced by an undefined third party. And yet even in ostensibly peaceful market transactions, conflict exists as an...
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