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The Macroeconomic Effects of the Chilean Earthquake 2010
Mid Sweden University, Faculty of Human Sciences, Department of Social Sciences.
2012 (English)Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
Abstract [en]

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.

Place, publisher, year, edition, pages
2012. , 49 p.
Keyword [en]
Natural disaster, Earthquake, Economic Commission for Latin America and the Caribbean, Macroeconomy
National Category
Social Sciences
Identifiers
URN: urn:nbn:se:miun:diva-16425OAI: oai:DiVA.org:miun-16425DiVA: diva2:532959
Subject / course
Economics NA1
Uppsok
Social and Behavioural Science, Law
Supervisors
Available from: 2012-07-03 Created: 2012-06-12 Last updated: 2012-07-03Bibliographically approved

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CiteExportLink to record
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Citation style
  • apa
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  • de-DE
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Output format
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