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Peter Kingstone

In: The SAGE Handbook of Neoliberalism

Chapter 16: The Rise and Fall (and rise again?) of Neoliberalism in Latin America

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The Rise and Fall (and rise again?) of Neoliberalism in Latin America
The Rise and Fall (and Rise Again?) of Neoliberalism in Latin America
Peter Kingstone
Introduction

Neoliberal economic reform arrived in Latin America earlier than in any other region in the world – a technocratic revolution in Chile, led by a group of professional economists trained at the University of Chicago – the ‘Chicago Boys'. The playful moniker contrasted with the brutality of the military regime that launched the reform process. General Augusto Pinochet's coup led to thousands of Chilean citizens dead, tortured, disappeared, and dealing with devastating economic consequences flowing from the rapid economic changes. There is little argument that the coup and the economic reforms produced terrible traumas. Even ...

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