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Lessons from the Southern Cone policy reforms (Inglés)

Few reform packages have led to as much controversy as the Southern Cone reforms in Chile, Argentina and Uruguay. This paper uses the benefit of hindsight to examine these controversial reforms once more--their pervasiveness, their implementation, and the contribution of external factors to their overall failure. The paper complements an earlier paper, where it drew country-specific conclusions from what the research suggested were the major causes...
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