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And so we turn back to morality...
Quote:
Originally posted by Tyrone Slothrop
Not the part I read and linked to above:
- INTERVIEWER: Isn't it true that Chile was the real front-runner of these kinds of reforms, that the whole thing was tried there about 10 years earlier?
JEFFREY SACHS: Chile was probably the country in Latin America that first started rather radical market reforms after a long period of heavy state interventionism. Chile, though, operated these reforms under a quite brutal military dictatorship. Bolivia was really the first, in my view, combination of democratic reform combined with economic institutional change.
And Bolivia much more than Chile showed that you could combine political liberalization and democracy with economic liberalization. That's an extremely important lesson, to have both of those working in parallel and each one reinforcing the other.
Oddly, Sachs doesn't buy this whole "dictatorship plus markets equals democracy" thing. Maybe he's hung up on Russia.
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Different article. The one I cited was an NPR reporter who went to Chile to talk to the Chicago Boys. It aired last week.
ET change country, because it would have been irrelevant if she'd gone to Bolivia
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Last edited by Replaced_Texan; 06-02-2005 at 06:38 PM..
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