Chile: A Changed Jungle for the Latin American Tiger (A) Case Solution
This case was used in the module on monetary disasters and exchange regimes in Darden's first-year International Economies and Markets MBA class since 2004. During the early 1990s, in response to huge foreign capital inflows, the Chilean government limited the flow of capital into the state in order to attain a stable and competitive exchange rate and to restrain inflation. By the late 1990s, with the beginning of the fiscal crises in emerging-market economies, investors started to pull their capital out of Chile and other emerging markets. This abrupt reversal of capital flows was threatening to ignite a balance of payments crisis in Chile.The authorities must determine what to do. This case also includes advice on the development expertise of Chile, in particular, on the heritage of General Augusto Pinochet and the economic policies of the "Chicago boys." A teaching note (UV0664) is accessible. It targets the economic problems Chile.
This is just an excerpt. This case is about GLOBAL BUSINESS
PUBLICATION DATE: September 06, 2002