From Trade to Autarky and Back Again! Economic Review of Chile Between 1945 – 2000


Over the past 55 years, Chile has adopted extreme trade policies from a relatively closed economy to a largely open economy. These extreme policy changes can be divided into two-time frames:  a) 1945-1973 “import-substitution era”, and b) 1973-2000 “trade expansion”. The major change in 1973 was due to a military coup, led by General…



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