Curriculum Chile's Economy
Chile's Economy
How Chile became one of Latin America's richest countries: copper and Codelco, the Chicago Boys, privatised pensions, the fiscal rule and copper fund, trade agreements, fruit, wine and salmon exports, lithium, inequality and the 2019 protests, constitution referendums, and a recap.
- Chile at a Glance An overview of Chile, a long, narrow country of about 20 million people that became one of Latin America's highest-income economies, and its main strengths and tensions. 📄 Read-aloud
- Copper and Codelco How Chile became the world's largest copper producer, the role of state-owned Codelco, nationalised in 1971, and why copper prices drive Chile's economy. 📄 Read-aloud
- The Chicago Boys and Pinochet's Reforms How Chilean economists trained at the University of Chicago introduced free-market reforms under Pinochet's dictatorship from 1975, and the debate over their legacy. 📄 Read-aloud
- Chile's Private Pension System How Chile replaced state pensions with private individual accounts run by AFPs in 1981, why many retirees got low pensions, and the reforms that followed. 📄 Read-aloud
- Saving the Windfall: Chile's Stabilisation Fund How Chile's structural balance rule since 2001 saves copper windfalls in a sovereign fund, helping it avoid boom-and-bust spending. 📄 Read-aloud
- Chile's Free Trade Network How Chile signed free trade agreements with most of the world, including the US, China and EU, becoming one of the most open economies. 📄 Read-aloud
- Chile's Economy: Checkpoint 1 Quick checkpoint - five questions on Chile's growth, copper, the Chicago Boys, pensions and the fiscal rule. 5 questions
- Fruit, Wine and Salmon How Chile built export industries beyond copper, including off-season fruit for northern markets, wine and farmed salmon, and their environmental costs. 📄 Read-aloud
- Lithium in the Atacama How Chile holds some of the world's largest lithium reserves in the Atacama salt flats, and its 2023 national strategy giving the state control of new projects. 📄 Read-aloud
- Inequality and the 2019 Protests How a small metro fare rise in October 2019 triggered mass protests in Chile over inequality, pensions, health and education costs. 📄 Read-aloud
- Two Failed Constitutions How Chileans rejected a left-leaning draft constitution in 2022 and a conservative draft in 2023, keeping the Pinochet-era constitution with amendments. 📄 Read-aloud
- Central Bank and Institutions How Chile's independent central bank, low corruption and stable institutions helped it borrow cheaply and attract investment compared with neighbours. 📄 Read-aloud
- Chile's Economy: Recap A recap of Chile's economic journey, from copper and market reforms to protests and constitutional debates. 📄 Read-aloud