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Keeping Animal Spirits Asleep : The Case of Chile

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dc.contributor.author Sáez, Sebastián
dc.date.accessioned 2012-06-18T14:27:44Z
dc.date.available 2012-06-18T14:27:44Z
dc.date.issued 2005-05
dc.identifier.uri http://hdl.handle.net/10986/8243
dc.description.abstract Chilean legislation is quite conservative, especially compared with international practice. However, its application has not been free of criticism, and it proved necessary to seek mechanisms that combine limitations set forth in the GATT/WTO regulations and others self-imposed by Chilean law. Legislation on antidumping measures was introduced in Chile in 1992. The Distortions Commission has recommended and the President has adopted such measures on just six occasions, of which two correspond to extensions of existing measures. Legislation on safeguard measures was introduced in 1999. In the 1999-2002 period, seven safeguard measures were adopted. The traditional agricultural sector was the main user of the measures, and no measure was in place for more than 12 months. The context in which the Commission was created in 1981 and the type of measures adopted by this entity support the idea that the objective of the Commission was to alleviate the political pressures generated by the difficult economic situation rather than to correct problems originated by the price distortions of goods. In the second half of the 1980s, the Commission supported the liberalization process that started in 1985. Adopting safeguard legislation in 1999 helped to gain approval of further tariff reductions from 11 percent to 6 percent. During the decade of the 1990s and until the present day, the philosophy of minimal use to further liberalization has been maintained. The legislation has undergone modifications to adjust the instruments used to support the economic opening and international commitments. en
dc.language English
dc.publisher World Bank, Washington, DC
dc.relation.ispartofseries Policy Research Working Paper; No. 3615
dc.rights CC BY 3.0 IGO
dc.rights.uri http://creativecommons.org/licenses/by/3.0/igo/
dc.subject ABSOLUTE TERMS
dc.subject LATIN AMERICAN
dc.subject METALS
dc.subject UNFAIR COMPETITION
dc.subject ECONOMIC POLICY
dc.subject ECONOMIC STABILIZATION
dc.subject DOMESTIC INDUSTRY
dc.subject PROVISIONAL MEASURES
dc.subject BALANCE OF PAYMENTS
dc.subject FISHING
dc.subject CENTRAL BANK
dc.subject SURCHARGES
dc.subject ELASTICITY
dc.subject TRADE PARTNERS
dc.subject EXPORTERS
dc.subject POLITICAL ECONOMY
dc.subject INTERNATIONAL MARKETS
dc.subject NATIONAL LEGISLATION
dc.subject SAFEGUARD MEASURES
dc.subject TRADE POLICY
dc.subject GROSS DOMESTIC PRODUCT
dc.subject POLICY INSTRUMENTS
dc.subject MARKET COMPETITION
dc.subject ANTI-DUMPING DUTY
dc.subject CURRENCY
dc.subject BOUND TARIFF
dc.subject ACCESS TO INFORMATION
dc.subject PROTECTIONIST MEASURES
dc.subject EXCHANGE RATE
dc.subject TRADE REGIMES
dc.subject TRADE REFORM
dc.subject IMPORTED MERCHANDISE
dc.subject PROTECTIVE MEASURES
dc.subject SUBSIDIZED IMPORTS
dc.subject TRADE NEGOTIATIONS
dc.subject FREE TRADE AREA
dc.subject CUSTOMS VALUATION CODE
dc.subject RESOURCE ALLOCATION
dc.subject ECONOMIC CRISIS
dc.subject TARIFF REDUCTIONS
dc.subject COUNTERVAILING DUTIES
dc.subject UNILATERAL LIBERALIZATION
dc.subject TRADING SYSTEM
dc.subject AD VALOREM
dc.subject FOOD PRODUCTS
dc.subject CUSTOMS VALUATION
dc.subject AGRICULTURE
dc.subject QUOTAS
dc.subject FORESTRY
dc.subject TRADE PROTECTION
dc.subject ECONOMISTS
dc.subject ANTI-DUMPING MEASURES
dc.subject DUMPING/SUBSIDY
dc.subject IMPORTED GOODS
dc.subject DEVELOPED COUNTRIES
dc.subject TRADE AGREEMENTS
dc.subject CONTINGENT PROTECTION
dc.subject LEGISLATION
dc.subject TRADE DIVERSION
dc.subject AUTONOMY
dc.subject TRADE OPENING
dc.subject CUSTOMS DUTIES
dc.subject BILATERAL TRADE
dc.subject CAPITAL GOODS
dc.subject INVESTIGATION
dc.subject COUNTERVAILING DUTY
dc.subject COMPENSATORY ADJUSTMENTS
dc.subject NATIONAL CUSTOMS
dc.subject INTERMEDIATE GOODS
dc.subject REAL EXCHANGE RATE
dc.subject ECONOMIC SITUATION
dc.subject DOMESTIC PRICE OF IMPORTS
dc.subject TARIFF REDUCTION
dc.subject ANTIDUMPING
dc.subject FREE TRADE
dc.subject TRADE POLICY INSTRUMENTS
dc.subject AVERAGE TARIFF
dc.subject COUNTRY OF ORIGIN
dc.subject TRADE AGREEMENT
dc.subject EXPORTS
dc.subject ECONOMIC ACTIVITY
dc.subject ANTI-DUMPING DUTIES
dc.subject SAFEGUARD MEASURE
dc.subject TARIFF RATE
dc.subject FREE TRADE AGREEMENT
dc.subject INVESTIGATIONS
dc.subject BILATERAL AGREEMENTS
dc.subject IMPORTS
dc.subject TREATIES
dc.title Keeping Animal Spirits Asleep : The Case of Chile en
dc.rights.holder World Bank


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