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Toward a Modern State in Chile: Institutions, Governance, and Market Regulation
[chapter]
2006
Structure and Structural Change in the Chilean Economy
Chile, as most Latin American countries, inherited the language, religion, and the institutions from 16 th century Spanish conquerors. Most institutions have not changed since. This paper examines the institutional and economic structure of the State in Chile. It concludes that in several dimensions the current structure is incompatible with an adequate functioning of market economies, as those intended by the economic reforms implemented during the last three decades of the last century. The
doi:10.1057/9780230239654_3
fatcat:7rxv2y33ojhgxfqkujxbkokl5y