Neoliberalism

Explore the impact of pension reforms and neoliberalism on Latin America, from Chile's individual account system to its spread across the region.

Explore the pension system in Chile, a complex system with both positive and negative consequences for its citizens since the 1970s.

Chile's economic miracle is examined through the lens of pension reform, revealing complex legacies and potential trade-offs between growth and social welfare.

Chile's 1970s pension reform introduced Personal Retirement Accounts (PRAs), replacing the state-run pay-as-you-go system under President Augusto Pinochet's leadership.

The Chicago Boys implemented neoliberal reforms in Chile under Pinochet, driven by free market fundamentalism and led to significant social and economic changes.

The 1973 Chilean coup marked a turning point in the development of neoliberalism, leading to a significant reduction in inflation but also far-reaching social consequences.

Explore the impact of neoliberalism on Chile's economy and society, from the 1973 military coup to the implementation of free market reforms.