The purpose of this paper is to analyze the macroeconomic effects of the earthquake that struck Chile in 2010 and the impact it had on the Chilean economy. It is a narrative case study of a small, open emerging economy and the timeframe is short term. Like other studies made about macroeconomic effects of a natural disaster, it is surprising to find how fast a country can so rapidly recover from a big devastation like the Chilean earthquake 2010. The final economic impact depends on the structural conditions of the economy and the economic policy mix undertaken to handle the short-term effects. The paper shows that despite the big disaster, Chile showed great resilience to the adverse shook due to its sound finances and effective countercyclical policies.
| Identifer | oai:union.ndltd.org:UPSALLA1/oai:DiVA.org:miun-16425 |
| Date | January 2012 |
| Creators | Lundgren, Viktoria |
| Publisher | Mittuniversitetet, Institutionen för samhällsvetenskap |
| Source Sets | DiVA Archive at Upsalla University |
| Language | English |
| Detected Language | English |
| Type | Student thesis, info:eu-repo/semantics/bachelorThesis, text |
| Format | application/pdf |
| Rights | info:eu-repo/semantics/openAccess |
Page generated in 0.0017 seconds