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The Chilean Model Thesis.pdf (864.79 KB)

ETD Abstract Container

Abstract Header

The Chilean Model: Has it Failed?

Petrik, Helena C
http://rave.ohiolink.edu/etdc/view?acc_num=ouhonors1556278330481684

Abstract Details

2019, Bachelor of Business Administration (BBA), Ohio University, Business Administration.
Chile revolutionized its pension system in 1980 following the military coup d'etat of Augusto Pinochet. Once in power, Pinochet sought to reverse the socialist policies implemented by former Chilean President, Salvador Allende. Among Pinochet's more prominent reforms was the privatization of Chile's retirement system. Initially, this reform appeared to be a signal success that played a crucial role in rebuilding the country from a period of extreme economic hardship and disarray. More recently, however, a growing chorus of voices has begun to question the long-term efficacy of the free market innovations. The aim of this thesis is to evaluate this charge, addressing the question: does the evidence to date support the conclusion that the Chilean Model has failed? Though the complexity of economic systems and the limitations of the data demand caution and render the conclusions of this research tentative, the wide-ranging assessment conducted herein makes a clear cumulative case for the following conclusion: though minor reforms to the Chilean Model are justified, the system has not failed and ought not be replaced with a Pay-As-You-Go system.
Richard Vedder, Dr. (Advisor)
75 p.
Economics; Finance
Economics, Chile, Finance, Retirement, the Chilean Model

Recommended Citations

Citations

  • Petrik, H. C. (2019). The Chilean Model: Has it Failed? [Undergraduate thesis, Ohio University]. OhioLINK Electronic Theses and Dissertations Center. http://rave.ohiolink.edu/etdc/view?acc_num=ouhonors1556278330481684

    APA Style (7th edition)

  • Petrik, Helena. The Chilean Model: Has it Failed? 2019. Ohio University, Undergraduate thesis. OhioLINK Electronic Theses and Dissertations Center, http://rave.ohiolink.edu/etdc/view?acc_num=ouhonors1556278330481684.

    MLA Style (8th edition)

  • Petrik, Helena. "The Chilean Model: Has it Failed?" Undergraduate thesis, Ohio University, 2019. http://rave.ohiolink.edu/etdc/view?acc_num=ouhonors1556278330481684

    Chicago Manual of Style (17th edition)

ouhonors1556278330481684
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© 2019, all rights reserved.
This open access ETD is published by Ohio University Honors Tutorial College and OhioLINK.
Release 3.2.12