The chilean path to development november 2014 Cristián Larroulet Profesor e Investigador Universidad del Desarrollo Para la academia Chilena de Ciencias Sociales
CHILE’S ECONOMIC TRANSFORMATION
A BIG INCREASE IN GDP PER CAPITA
THE HIGHEST GDP PER CAPITA IN LATINOAMERICA Ranking 1990 2013 1 Mexico Chile 2 Venezuela Argentina 3 Uruguay 4 Brazil Panama 5 6 7 Colombia 8 Ecuador 9 Peru 10 Paraguay 11 Dominican Republic 12 El Salvador 13 Guatemala 14 Bolivia 15 Honduras 16 17 Haiti Fuente: Fondo Monetario Internacional. *2014 dato estimado (Outlook Abril 2014) *Se excluye Costa Rica, Cuba y Nicaragua por falta de datos en 1990.
FROM HIPERINFLATION IN THE 70’S TO PRICE STABILITY Fuente: Banco Central.
IMPORTANT INCREASE IN EMPLOYMENT OPPORTUNITIES Fuente: INE.
REDUCTION IN POVERTY LEVELS Fuente: Ministerio de Desarrollo Social.
CHILE HAS REDUCED FAMILY INCOME INEQUALITY. Fuente: Ministerio de Desarrollo Social.
THE BEST EDUCATIONAL ACHIEVEMENT IN LATINAMERICA Title: PISA scores among Latin American countries Fuente: Presentación Resultados PISA Agencia Calidad de Educación
PUBLIC POLICIES AND THE CHILEAN SUCCESS
AN ECONOMY WITH STRONG INSTITUTIONS INDEPENDENT CENTRAL BANK THE SUBSIDIARY ROLE OF THE STATE STRUCTURAL FISCAL RULE EFFECTIVE COMPETITION FREE TRADE AGREEMENT
A FREE MARKET ECONOMY INDEX OF ECONOMIC FREEDOM: CHILE IS 7°MORE FREE ECONOMY Fuente: Index of economic Freedom-Heritage Foundation.
FROM A CLOSED TO AN OPEN ECONOMY AN OPEN ECONOMY: BETWEEN 1970 AND 2012 THE EFFECTIVE TRADE TARIFF CHANGED SINCE 32.6% TO AROUND 1% Fuente: DIRECON.
FREE TRADE AGREEMENTS WITH 80% OF WORLD GDP Strengthen the trade agreement: Países miembros Países observadores y candidatos Fuente: Información en la Página WEB Alianza del Pacífico.
CREATION OF AN ENTREPRENEURSHIP ENVIRONMENT ENTREPRENEURSHIP IS KEY TO ACHIEVE DEVELOPMENT: Fuente: Ministerio de Economía.
CREATION OF RULES AND INSTITUTIONS FOR SOUND FISCAL POLICY Important reduction in fiscal deficit. Fuente: Dipres chile.