Growth in Chile: Misery Loves Company...
DOI:
https://doi.org/10.11565/oe.vi94.175Keywords:
Economic growth, Chile, Potential GDPAbstract
A key question in the current economic environment is whether the moderate growth of the Chilean economy stems from a one-off situation or reflects a longer-term trend. To grasp this difference in simple terms, suppose that Chile is a large firm whose profitability is its annual GDP growth rate; then growth of 3% versus growth of 6% would mean that, in ten years, cumulative GDP would be 25% lower. Continue reading...
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