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Following years of hyperinflation and domestic turmoil, Chile undertook a series of dramatic economic reforms. In this book, international scholars evaluate Chile's stabilization policy, economic growth, privatization, reform of the social security system, and the politics of economic reform. Now that many of the original reforms have been largely completed, and Chile has maintained a coherent macroeconomic policy with slowly declining inflation, the authors prescribe what Chile must do to sustain growth in the future.
Barry Bosworth is a senior fellow and Robert V. Roosa Chair in International Economics at the Brookings Institution. Rudiger Dornbusch is Ford International Professor of Economics at the Massachusetts Institute of Technology. Raul Laban is an economist at CIEPLAN, a nonprofit research institution based in Chile. Raul Laban is an economist at the Ministerio de Hacienda in Chile.
"A must for applied international economists, development specialists, policymakers, reformers, and all those who want an excellent read about a country experience that illustrates at its best the complex interface between finance and development." - Finance & Development

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