Macroeconomic populism in Chile: Allende and the recession of 1973

This paper commemorates the 50th anniversary of the 1973 recession during Salvador Allende’s government by offering a comprehensive analysis of macroeconomic populism. Focusing on the lessons from this historical episode, it is argued that the lax economic policies in 1970 and 1971 triggered the boo...

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Bibliographic Details
Published in:Revista de historia económica 2025-09, Vol.43 (2), p.309-332
Main Authors: Espinosa, Victor I., Véjar, Viviana
Format: Article
Language:English
Subjects:
Allende Gossens, Salvador (1908-1973)
Articles/Artículos
Business cycles
Economic crisis
Economic growth
Economic policy
Great Depression
Macroeconomics
Populism
Recessions
Socialism
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