RT Journal Article
SR Electronic
A1 Žídek, Libor
T1 Chilean economy under Pinochet
JF Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis
YR 2014
VO 53
IS 3
SP 225
OP 240
DO 10.11118/actaun200553030225
UL https://acta.mendelu.cz/artkey/acu-200503-0022.php
AB Period of Pinochet rule in Chile is still in the centre of interest of many experts. This article concentrates (mostly) on the economic side of the military rule. Pinochet took responsibility for the country in situation near to economic collapse caused by policy of the previous - Allende's government. The new government after the coup d'état in 1973 had to stabilize economy. Soldiers at the same time start to implement economic reforms that improved the long run ability of the economy to grow. The economic uplift was interrupted by debt crisis at the beginning of 1980s. Pinochet's government was able to deal with these obstacles and at the end passed the economy to the democratic government (at the end of 1980s) in good shape. The following positive development in the 1990s is thus based on the foundations built under the military rule.