Urban transport in the era of economic liberalization
In that decade, a different solution was required, because the Latin American economies, with only a few exceptions, were already regulated, protected and supervised by the State. One notable exception was the Chilean economy, which, at the onset of the 1970s, had been among the most controlled econ...
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oai-11362-362622020-11-19T01:58:04Z Urban transport in the era of economic liberalization COMERCIO INTERNACIONAL DESARROLLO ECONOMICO TRANSPORTE AUTOMOVILES TRAFICO URBANO INTERNATIONAL TRADE ECONOMIC DEVELOPMENT TRANSPORT AUTOMOBILES URBAN TRAFFIC In that decade, a different solution was required, because the Latin American economies, with only a few exceptions, were already regulated, protected and supervised by the State. One notable exception was the Chilean economy, which, at the onset of the 1970s, had been among the most controlled economies in the region after Cuba. Beginning in 1976/1977, Chile's economy underwent profound restructuring with the adoption of neoliberal policies, involving a reduction in customs tariffs, a decrease in State subsidies, the first steps towards the privatization of state-owned enterprises and a loosening of controls both over prices and production processes in general. The Chilean experience initially gave good results, but in 1982 Chile fell into a deep recession, caused to some extent by the continued fixing of one of the most important prices, that of the Chilean peso on the foreign exchange market, together with inadequate regulation of the banking sector. 2014-03-20T01:31:18Z 2014-03-20T01:31:18Z 1997-03 Texto Documento Completo http://hdl.handle.net/11362/36262 en FAL Bulletin 132 application/pdf ECLAC |
institution |
Cepal |
collection |
Cepal |
language |
English |
topic |
COMERCIO INTERNACIONAL DESARROLLO ECONOMICO TRANSPORTE AUTOMOVILES TRAFICO URBANO INTERNATIONAL TRADE ECONOMIC DEVELOPMENT TRANSPORT AUTOMOBILES URBAN TRAFFIC |
spellingShingle |
COMERCIO INTERNACIONAL DESARROLLO ECONOMICO TRANSPORTE AUTOMOVILES TRAFICO URBANO INTERNATIONAL TRADE ECONOMIC DEVELOPMENT TRANSPORT AUTOMOBILES URBAN TRAFFIC Urban transport in the era of economic liberalization |
description |
In that decade, a different solution was required, because the Latin American economies, with only a few exceptions, were already regulated, protected and supervised by the State. One notable exception was the Chilean economy, which, at the onset of the 1970s, had been among the most controlled economies in the region after Cuba. Beginning in 1976/1977, Chile's economy underwent profound restructuring with the adoption of neoliberal policies, involving a reduction in customs tariffs, a decrease in State subsidies, the first steps towards the privatization of state-owned enterprises and a loosening of controls both over prices and production processes in general. The Chilean experience initially gave good results, but in 1982 Chile fell into a deep recession, caused to some extent by the continued fixing of one of the most important prices, that of the Chilean peso on the foreign exchange market, together with inadequate regulation of the banking sector. |
format |
Texto |
title |
Urban transport in the era of economic liberalization |
title_short |
Urban transport in the era of economic liberalization |
title_full |
Urban transport in the era of economic liberalization |
title_fullStr |
Urban transport in the era of economic liberalization |
title_full_unstemmed |
Urban transport in the era of economic liberalization |
title_sort |
urban transport in the era of economic liberalization |
publisher |
ECLAC |
publishDate |
2014 |
url |
http://hdl.handle.net/11362/36262 |
_version_ |
1718441990011486208 |