The Unidad Popular and the Pinochet Dictatorship A Political Economy
The Unidad Popular and the Pinochet Dictatorship covers the two most conflicting Chilean governments of this century. The analysis of the Allende government examines the macroeconomic policies and structural reforms and their results; the questioning of p
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Also by Patricio Meller WESTERN HEMISPHERE TRADE INTEGRATION: A Canadian–Latin American Dialogue (co-editor with R. G. Lipsey) ADJUSTMENT AND EQUITY IN CHILE EXTERNAL SHOCKS AND STABILIZATION MECHANISMS (co-editor with Eduardo Engel) THE LATIN AMERICAN DEVELOPMENT DEBATE: Neostructuralism, Monetarism, and Adjustment Processes (editor) DIVERGING PATHS: A Century of Latin American and Scandinavian Economic Development (co-editor with Magnus Blomström)
The Unidad Popular and the Pinochet Dictatorship A Political Economy Analysis Patricio Meller Professor of Economics University of Chile Santiago
Translated by Tim Ennis
First published in Great Britain 2000 by
MACMILLAN PRESS LTD Houndmills, Basingstoke, Hampshire RG21 6XS and London Companies and representatives throughout the world A catalogue record for this book is available from the British Library. ISBN 978-1-349-42065-0 DOI 10.1057/9780230523951
ISBN 978-0-230-52395-1 (eBook)
First published in the United States of America 2000 by ST. MARTIN’S PRESS, LLC, Scholarly and Reference Division, 175 Fifth Avenue, New York, N.Y. 10010 Library of Congress Cataloging-in-Publication Data Meller, Patricio. The Unidad Popular and the Pinochet dictatorship : a political economy analysis / Patricio Meller. p. cm. Includes bibliographical references and index. 1. Chile—Economic conditions—1970–1973. 2. Chile—Economic conditions—1973–1988. 3. Chile—Politics and government—1970–1973. 4. Chile—Politics and government—1973–1988. I. Title. HC192 .M4553 2000 330.981'0646—dc21 00–033294 © Patricio Meller 2000 Softcover reprint of the hardcover 1st edition 2000 978-0-333-80053-9 All rights reserved. No reproduction, copy or transmission of this publication may be made without written permission. No paragraph of this publication may be reproduced, copied or transmitted save with written permission or in accordance with the provisions of the Copyright, Designs and Patents Act 1988, or under the terms of any licence permitting limited copying issued by the Copyright Licensing Agency, 90 Tottenham Court Road, London W1P 0LP. Any person who does any unauthorised act in relation to this publication may be liable to criminal prosecution and civil claims for damages. The author has asserted his right to be identified as the author of this work in accordance with the Copyright, Designs and Patents Act 1988. This book is printed on paper suitable for recycling and made from fully managed and sustained forest sources. 10 09
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Contents List of Tables and Figures
vi
Preface
ix
1
The Road to Socialism of the Unidad Popular Brief review of the social issue Brief review of the political issue The two governments prior to Unidad Popular The Unidad Popular view of the Chilean economy The macroeconomic situation during the Unidad Popular The structural reforms of the Unidad Popular Property rights
1 1 10 21 27 31 47 56
2
The Economic Model of the Military Dictatorship The destruction of Chilean democracy The structural reforms of the
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