Año de Publicación: 2017
Otros Autores: Tomás Bril-Mascarenhas
Medio de publicación: The Journal of Development Studies
Como citar: Bril-Mascarenhas, T., & Madariaga, A. (2017). Business power and the minimal state: the defeat of industrial policy in Chile. The Journal of Development Studies, 1-20.
Chile has maintained a limited industrial policy for nearly three decades. Policy resilience during the 2000s and 2010s is especially puzzling given the political and economic context: three Socialist-led administrations; the retreat of the Washington Consensus; resource abundance from the commodity boom; and the decline of the so-called economic ‘miracle’. We present the first comprehensive analysis of industrial policy in post-authoritarian Chile (1990–present) and show the significant political influence of business actors with a preference for limited state intervention in the economy as a mechanism of policy reproduction.