Chicago Boys

E556500

The Chicago Boys were a group of Chilean economists trained at the University of Chicago who implemented radical free-market reforms under Augusto Pinochet’s military dictatorship.

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Statements (47)

Predicate Object
instanceOf economic policy advisory group
group of economists
activeInPeriod 1970s
1980s
associatedWithEvent Chilean economic reforms under Pinochet
“Miracle of Chile” NERFINISHED
collaboratedWithInstitution Pontifical Catholic University of Chile NERFINISHED
countryOfOrigin Chile NERFINISHED
criticizedFor high social costs of adjustment
rapid privatization policies
social inequality resulting from economic reforms
educatedAt University of Chicago
fieldOfWork development economics
economic policy
economics
macroeconomics
hasAlternativeName Chicago Boys (Chilean economists) NERFINISHED
hasLanguage Spanish
hasNotableConcept shock treatment economic reforms in Chile
ideology free-market economics
monetarism
neoliberalism
implementedPolicyIn Chilean military dictatorship NERFINISHED
influenced Washington Consensus policies NERFINISHED
economic reforms in Latin America
influencedBy Arnold Harberger NERFINISHED
Chicago school of economics NERFINISHED
Milton Friedman NERFINISHED
member Alvaro Bardón NERFINISHED
Hernán Büchi NERFINISHED
José Piñera NERFINISHED
Pablo Baraona NERFINISHED
Rolf Lüders NERFINISHED
Sergio de Castro NERFINISHED
notableIdea deregulation of markets in Chile
fiscal austerity policies in Chile
pension system privatization in Chile
privatization of state-owned enterprises in Chile
promotion of foreign investment in Chile
trade liberalization in Chile
notableWork implementation of free-market reforms in Chile
operatedIn Chile NERFINISHED
praisedFor promoting export-led growth in Chile
reducing inflation in Chile
roleInGovernment economic advisers to Augusto Pinochet
trainedThrough Chile–University of Chicago exchange program
workedUnder Augusto Pinochet NERFINISHED

Referenced by (1)

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