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Publication Date: September 2006
Publisher: Heritage Foundation (Washington, D.C.)
Author(s):
Research Area: Economics
Keywords: Worldwide freedom; pension system; flat tariff
Type: Report
Coverage: Chile
Abstract:
Opening itself to the global economy, learning to value entrepreneurial activity, and revitalizing the private sector were key to Chile's success. A flat tariff system, privatization of state enterprises, reconstruction of a sound banking system, and reform of the pension system were important components of these efforts.