The Chilean Experience: Lessons for Kenyan Economic Policy in Kasned Newsline

Abstract

The article is based on the premise that there are many valuable lessons that can be learnt from the experience of other developing countries. Chile has since the early 1990s been considered as one of the most successful developing countries, registering impressive rates of growth. It has also, unlike many developing countries been able to carry out economic reforms to significantly alleviate poverty without adversely affecting growth. The lessons for Kenya which is also attempting to pursue an export-oriented strategy are evaluated.