THE SOCIAL CONTRACT IN CHILE

FORMAL RIGIDITY AND SOCIAL FLUIDITY, OUR MIDDLE-INCOME TRAP

Authors

  • Guillermo Larrain Universidad de Chile

DOI:

https://doi.org/10.22370/pe.2023.15.4032

Keywords:

social contract, formal institutions, informal institutions, reforms, welfare

Abstract

In Chile, the social contract has been under enormous stress in recent years. In fact, we have been discussing the formal rules of the game in a democratic society for a decade. Naturally, this has had a significant impact on economic activity: lower growth of the economy, employment opportunities, tax collection and expansion of social rights. The aim of this article is to discuss this in the light of the social contract theory, a historical perspective and the analysis of some examples.

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Author Biography

Guillermo Larrain, Universidad de Chile

Facultad de Economía y Negocios. Universidad de Chile

References

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Published

2023-12-26

How to Cite

Larrain, G. (2023). THE SOCIAL CONTRACT IN CHILE: FORMAL RIGIDITY AND SOCIAL FLUIDITY, OUR MIDDLE-INCOME TRAP. Economic Profiles, (15). https://doi.org/10.22370/pe.2023.15.4032

Issue

Section

Artículos: Dossier 50 años de Economía chilena entre Dictadura y Democracia