José Miguel Ahumada; Dorotea López-Giral; Aracely Núñez-Mejía
Revista iberoamericana de estudios de desarrollo,
05/2022, Letnik:
11, Številka:
1
Journal Article
This paper presents a review of the literature regarding the State intervention in economic development, establishing a typology that identifies three basic forms: guardian, facilitator, and entrepreneur. These forms differ according to market levels and areas of intervention and in relation to how much they adapt or challenge their given comparative advantages. From this typology, two cases of economic growth guided by exportation and trade opening with different economic outcomes are analyzed (Finland and Chile from the sixties and seventies, respectively, until the mid-nineties). Thus, this paper traces the evolution of state intervention in the countries, and identifies the differences that led to such different economic performance.
