Chile : New Economy Study, Volume 1. Executive Summary and Policy Recommendations
The report comprises two volumes, the Executive Summary and Policy Recommendations (Volume 1), and the Background Documents (Volume 2), providing the scope, and organization of the study as follows. The first chapter assesses the performance of Chi...
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| Format: | Policy Note |
| Language: | English en_US |
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Washington, DC
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2004/02/3043880/chile-new-economy-study-vol-1-2-executive-summary-policy-recommendations http://hdl.handle.net/10986/14710 |
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okr-10986-14710 |
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oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
AGRICULTURE BUSINESS DEVELOPMENT BUSINESS INFORMATION CENTRAL BANK COLLABORATION COMMUNICATION TECHNOLOGY COMPARATIVE ADVANTAGE COMPARATIVE ADVANTAGES COMPARATOR COUNTRIES COMPETITIVE BIDDING COMPETITIVE RESEARCH COMPETITIVENESS DECISION-MAKING DEVELOPMENT POLICIES DEVELOPMENT STRATEGY ECONOMETRIC ANALYSIS ECONOMIC ACTIVITY ECONOMIC GROWTH ECONOMIC POLICIES EXCHANGE RATE FINANCIAL SECTOR FOOD PROCESSING FORESTRY GDP GROSS DOMESTIC PRODUCT GROWTH RATE INCOME INFANT MORTALITY INNOVATION INTEREST RATES INTERMEDIARIES INTERVENTION KNOWLEDGE ECONOMY LABOR FORCE LABOR MARKETS LABOR PRODUCTIVITY LEARNING LEGISLATION LIFE EXPECTANCY LIQUIDITY LITERACY MACROECONOMIC POLICIES MANAGERS MONETARY POLICIES MORTALITY MOTIVATION ORGANIZATIONAL STRUCTURE PATENTS POLICY INSTRUMENTS POTENTIAL OUTPUT PRESENT VALUE PRIVATE SECTOR PRODUCTION FUNCTION PRODUCTION PROCESSES PRODUCTIVITY PRODUCTIVITY GROWTH PROFESSIONS PROGRAMS PROPERTY RIGHTS PUBLIC SECTOR SAFETY SAFETY NETS SPILLOVERS STRUCTURAL UNEMPLOYMENT TARIFF BARRIERS TECHNICAL ASSISTANCE TECHNOLOGY TRANSFER TELEPHONES TOTAL FACTOR PRODUCTIVITY UNEMPLOYMENT UNEMPLOYMENT RATE VALUE ADDED WAGES WORKERS WORLD TRADE ORGANIZATION WTO YOUNG WORKERS KNOWLEDGE INFRASTRUCTURE ECONOMIC ANALYSIS GROWTH PATTERNS COMPETITIVENESS INSTITUTIONAL FRAMEWORK INFORMATION EXCHANGE COMMUNICATION DEVELOPMENT SCIENCE & TECHNOLOGY POLICY BUSINESS ENVIRONMENT PRIVATE SECTOR PARTICIPATION MICROENTERPRISES SMALL & MEDIUM SCALE ENTERPRISES PRODUCTIVITY GROWTH PUBLIC ADMINISTRATION REFORM POLICY EXTERNAL SHOCKS MACROECONOMIC POLICY STRUCTURAL ADJUSTMENT INNOVATION IN BUSINESS LABOR MARKET POLICY EMPLOYMENT GENERATION RESEARCH METHODS QUALITY OF EDUCATION PUBLIC-PRIVATE PARTNERSHIPS ECONOMIC POLICY & PLANNING |
| spellingShingle |
AGRICULTURE BUSINESS DEVELOPMENT BUSINESS INFORMATION CENTRAL BANK COLLABORATION COMMUNICATION TECHNOLOGY COMPARATIVE ADVANTAGE COMPARATIVE ADVANTAGES COMPARATOR COUNTRIES COMPETITIVE BIDDING COMPETITIVE RESEARCH COMPETITIVENESS DECISION-MAKING DEVELOPMENT POLICIES DEVELOPMENT STRATEGY ECONOMETRIC ANALYSIS ECONOMIC ACTIVITY ECONOMIC GROWTH ECONOMIC POLICIES EXCHANGE RATE FINANCIAL SECTOR FOOD PROCESSING FORESTRY GDP GROSS DOMESTIC PRODUCT GROWTH RATE INCOME INFANT MORTALITY INNOVATION INTEREST RATES INTERMEDIARIES INTERVENTION KNOWLEDGE ECONOMY LABOR FORCE LABOR MARKETS LABOR PRODUCTIVITY LEARNING LEGISLATION LIFE EXPECTANCY LIQUIDITY LITERACY MACROECONOMIC POLICIES MANAGERS MONETARY POLICIES MORTALITY MOTIVATION ORGANIZATIONAL STRUCTURE PATENTS POLICY INSTRUMENTS POTENTIAL OUTPUT PRESENT VALUE PRIVATE SECTOR PRODUCTION FUNCTION PRODUCTION PROCESSES PRODUCTIVITY PRODUCTIVITY GROWTH PROFESSIONS PROGRAMS PROPERTY RIGHTS PUBLIC SECTOR SAFETY SAFETY NETS SPILLOVERS STRUCTURAL UNEMPLOYMENT TARIFF BARRIERS TECHNICAL ASSISTANCE TECHNOLOGY TRANSFER TELEPHONES TOTAL FACTOR PRODUCTIVITY UNEMPLOYMENT UNEMPLOYMENT RATE VALUE ADDED WAGES WORKERS WORLD TRADE ORGANIZATION WTO YOUNG WORKERS KNOWLEDGE INFRASTRUCTURE ECONOMIC ANALYSIS GROWTH PATTERNS COMPETITIVENESS INSTITUTIONAL FRAMEWORK INFORMATION EXCHANGE COMMUNICATION DEVELOPMENT SCIENCE & TECHNOLOGY POLICY BUSINESS ENVIRONMENT PRIVATE SECTOR PARTICIPATION MICROENTERPRISES SMALL & MEDIUM SCALE ENTERPRISES PRODUCTIVITY GROWTH PUBLIC ADMINISTRATION REFORM POLICY EXTERNAL SHOCKS MACROECONOMIC POLICY STRUCTURAL ADJUSTMENT INNOVATION IN BUSINESS LABOR MARKET POLICY EMPLOYMENT GENERATION RESEARCH METHODS QUALITY OF EDUCATION PUBLIC-PRIVATE PARTNERSHIPS ECONOMIC POLICY & PLANNING World Bank Chile : New Economy Study, Volume 1. Executive Summary and Policy Recommendations |
| geographic_facet |
Latin America & Caribbean Chile |
| description |
The report comprises two volumes, the
Executive Summary and Policy Recommendations (Volume 1), and
the Background Documents (Volume 2), providing the scope,
and organization of the study as follows. The first chapter
assesses the performance of Chile in the knowledge economy,
where knowledge is a critical factor for competitiveness and
growth. It examines progress to date, and remaining
challenges with respect to three factors - the knowledge
variables: 1) the economic incentive and institutional
regime; 2) science and technology; and, 3) the education
system. The second chapter looks at Chile's Information
and Communication Technology (ICT) - the infrastructure of
the knowledge economy. The third chapter evaluates the
potential use of ICT by local firms, with special focus on
micro, small and medium businesses (MSMBs), which represent
the bulk of the Chilean productive sector. The focus of the
overall analysis is on the role of Knowledge in improving
the productivity of the private sector. The study's
main focus on improving productivity of the private, rather
than the public sector, is motivated by the fact that a
recent Bank Public Modernization loan, addresses key issues
in improving the effectiveness, and efficiency of the
Chilean public administration. It is highlighted that the
recent growth of the Chilean economy, and positive
short-term outlook, should not deter the Government from
embarking on further reforms aimed at improving the
productivity of the private sector. Chile may want to
encourage microeconomic reforms supporting private sector
development. Recommendations include the creation of
innovative businesses, a single contact point for business
registration, and a more flexible labor market, so as to
reduce the costs of labor, increase employment, and that of
firm's productivity. Moreover, the Government should
review, and rationalize its programs in support of science,
technology, and innovation, encouraging private
participation in science, to ensure an adequate, relevant
research, and, promote further reforms to improve the
quality of education. Such policy agenda will require
public-private partnerships to enhance productivity, and
growth, which will require rethinking some economic principles. |
| format |
Economic & Sector Work :: Policy Note |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Chile : New Economy Study, Volume 1. Executive Summary and Policy Recommendations |
| title_short |
Chile : New Economy Study, Volume 1. Executive Summary and Policy Recommendations |
| title_full |
Chile : New Economy Study, Volume 1. Executive Summary and Policy Recommendations |
| title_fullStr |
Chile : New Economy Study, Volume 1. Executive Summary and Policy Recommendations |
| title_full_unstemmed |
Chile : New Economy Study, Volume 1. Executive Summary and Policy Recommendations |
| title_sort |
chile : new economy study, volume 1. executive summary and policy recommendations |
| publisher |
Washington, DC |
| publishDate |
2013 |
| url |
http://documents.worldbank.org/curated/en/2004/02/3043880/chile-new-economy-study-vol-1-2-executive-summary-policy-recommendations http://hdl.handle.net/10986/14710 |
| _version_ |
1764428458039967744 |
| spelling |
okr-10986-147102021-04-23T14:03:17Z Chile : New Economy Study, Volume 1. Executive Summary and Policy Recommendations World Bank AGRICULTURE BUSINESS DEVELOPMENT BUSINESS INFORMATION CENTRAL BANK COLLABORATION COMMUNICATION TECHNOLOGY COMPARATIVE ADVANTAGE COMPARATIVE ADVANTAGES COMPARATOR COUNTRIES COMPETITIVE BIDDING COMPETITIVE RESEARCH COMPETITIVENESS DECISION-MAKING DEVELOPMENT POLICIES DEVELOPMENT STRATEGY ECONOMETRIC ANALYSIS ECONOMIC ACTIVITY ECONOMIC GROWTH ECONOMIC POLICIES EXCHANGE RATE FINANCIAL SECTOR FOOD PROCESSING FORESTRY GDP GROSS DOMESTIC PRODUCT GROWTH RATE INCOME INFANT MORTALITY INNOVATION INTEREST RATES INTERMEDIARIES INTERVENTION KNOWLEDGE ECONOMY LABOR FORCE LABOR MARKETS LABOR PRODUCTIVITY LEARNING LEGISLATION LIFE EXPECTANCY LIQUIDITY LITERACY MACROECONOMIC POLICIES MANAGERS MONETARY POLICIES MORTALITY MOTIVATION ORGANIZATIONAL STRUCTURE PATENTS POLICY INSTRUMENTS POTENTIAL OUTPUT PRESENT VALUE PRIVATE SECTOR PRODUCTION FUNCTION PRODUCTION PROCESSES PRODUCTIVITY PRODUCTIVITY GROWTH PROFESSIONS PROGRAMS PROPERTY RIGHTS PUBLIC SECTOR SAFETY SAFETY NETS SPILLOVERS STRUCTURAL UNEMPLOYMENT TARIFF BARRIERS TECHNICAL ASSISTANCE TECHNOLOGY TRANSFER TELEPHONES TOTAL FACTOR PRODUCTIVITY UNEMPLOYMENT UNEMPLOYMENT RATE VALUE ADDED WAGES WORKERS WORLD TRADE ORGANIZATION WTO YOUNG WORKERS KNOWLEDGE INFRASTRUCTURE ECONOMIC ANALYSIS GROWTH PATTERNS COMPETITIVENESS INSTITUTIONAL FRAMEWORK INFORMATION EXCHANGE COMMUNICATION DEVELOPMENT SCIENCE & TECHNOLOGY POLICY BUSINESS ENVIRONMENT PRIVATE SECTOR PARTICIPATION MICROENTERPRISES SMALL & MEDIUM SCALE ENTERPRISES PRODUCTIVITY GROWTH PUBLIC ADMINISTRATION REFORM POLICY EXTERNAL SHOCKS MACROECONOMIC POLICY STRUCTURAL ADJUSTMENT INNOVATION IN BUSINESS LABOR MARKET POLICY EMPLOYMENT GENERATION RESEARCH METHODS QUALITY OF EDUCATION PUBLIC-PRIVATE PARTNERSHIPS ECONOMIC POLICY & PLANNING The report comprises two volumes, the Executive Summary and Policy Recommendations (Volume 1), and the Background Documents (Volume 2), providing the scope, and organization of the study as follows. The first chapter assesses the performance of Chile in the knowledge economy, where knowledge is a critical factor for competitiveness and growth. It examines progress to date, and remaining challenges with respect to three factors - the knowledge variables: 1) the economic incentive and institutional regime; 2) science and technology; and, 3) the education system. The second chapter looks at Chile's Information and Communication Technology (ICT) - the infrastructure of the knowledge economy. The third chapter evaluates the potential use of ICT by local firms, with special focus on micro, small and medium businesses (MSMBs), which represent the bulk of the Chilean productive sector. The focus of the overall analysis is on the role of Knowledge in improving the productivity of the private sector. The study's main focus on improving productivity of the private, rather than the public sector, is motivated by the fact that a recent Bank Public Modernization loan, addresses key issues in improving the effectiveness, and efficiency of the Chilean public administration. It is highlighted that the recent growth of the Chilean economy, and positive short-term outlook, should not deter the Government from embarking on further reforms aimed at improving the productivity of the private sector. Chile may want to encourage microeconomic reforms supporting private sector development. Recommendations include the creation of innovative businesses, a single contact point for business registration, and a more flexible labor market, so as to reduce the costs of labor, increase employment, and that of firm's productivity. Moreover, the Government should review, and rationalize its programs in support of science, technology, and innovation, encouraging private participation in science, to ensure an adequate, relevant research, and, promote further reforms to improve the quality of education. Such policy agenda will require public-private partnerships to enhance productivity, and growth, which will require rethinking some economic principles. 2013-07-31T21:32:54Z 2013-07-31T21:32:54Z 2004-02-18 http://documents.worldbank.org/curated/en/2004/02/3043880/chile-new-economy-study-vol-1-2-executive-summary-policy-recommendations http://hdl.handle.net/10986/14710 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Policy Note Economic & Sector Work Latin America & Caribbean Chile |