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Sebastian Edwards on the History of Neoliberalism in Chile

Democracy Paradox

CHAPTER

The Importance of Institutional Building in Chile

Free market reforms were not enough to spur growth, especially under the Pinochet regime. It seems that you actually have to think through the right type of reforms to be able to create the growth. Chile surpassed Argentina almost on every account except for soccer - they still have Leo Messi and the Wonder World Cup.

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