 Wysłany: Pon 3:47, 07 Mar 2011 Temat postu: The policies of import
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Allendewas promoted by domestic business elites threatened by Allende’s drive towards socialism. It was backed by US corporationsthe CIAand US Secretary of State Henry Kiss- inger. It violently repressed all the social movements and political 7 Freedom’s Just Another Word. organizations of the left and dismantled all forms of popular organization (such as the community health centres in poorer neighbourhoods). The labour market was ‘freed’ from regulatory or institutional restraints (trade union powerfor example). But how was the stalled economy to be revived? The policies of import substitution (fostering national industries by subsidies or tari? protections) that had dominated Latin American attempts at eco- nomic development had fallen into disreputeparticularly in Chile where they had never worked that well. With the whole world in economic recessiona new approach was called for. A group of economists known as ‘the Chicago boys’ because of their attachment to the neoliberal theories of Milton Friedman then teaching at the University of Chicagowas summoned to help reconstruct the Chilean economy. The story of how they were chosen is an interesting one. The US had funded training of christian louboutinsyilai: nike high heels http://www.chaykafest.com/forum/viewtopic.php?p=93999#93999 |
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