This professional report examines Chile's privatization effort and transformation to an open market economy with democratic rule. Chile's privatization was unique and its success is due both to good policies and good fortune. In this report political, economic, institutional, and foreign perspectives are examined to explore the results of policy changes in these areas as well as to reveal what other forces were at work. Finally, lessons are drawn out to show what other countries can learn from Chile's experience.
--Author's foreword.
