1963-2013 - 50 years of Research for Social Change

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Back | Programme Area: The Social Effects of Globalization

Chile: The Great Transformation



Two substantial achievements have brought Chile to world attention. First, after 17 years under an extremely repressive military dictatorship, the country has re-established democracy. Second, more than a decade of high growth has made Chile the most dynamic economy in Latin America. The "Chilean model" of free-market restructuring is now recommended by international financial institutions to countries around the world.

But what is this model, exactly, and how replicable is it? In this study, two Chilean social scientists argue that many of the "lessons" drawn from the Chilean experience are based on distorted and simplistic interpretations of history. In their view, Chileans have lived through a period not only of structural adjustment but of deeper capitalist transformation, to which Christian Democrat and Socialist governments, as well as the military régime and its technocrats, contributed.

The book explains the longer-term process of economic reform and socio-political change in clear, non-technical language and provides a basic tool for cutting through the myths of the "Chilean model".
  • Publication and ordering details
  • Pub. Date: 1 Jan 1996
    Pub. Place: Washington
    ISBN: 0-8157-5478-7
    Type: Hardback
    From: The Brookings Institution
  • Pub. Date: 1 Jan 1996
    Pub. Place: Washington
    ISBN: 0 8157 5477 9
    Type: Paperback
    From: The Brookings Institution