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Updated:Apr 23, 2026
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Chile's neoliberal reforms under Augusto Pinochet (1973-1990)

Chile's neoliberal reforms under Augusto Pinochet (1973-1990)

  1. “El Ladrillo” blueprint becomes reform guide

    Labels: El Ladrillo, Chicago Boys
  2. Military coup topples Allende; junta takes power

    Labels: Augusto Pinochet, Military junta
  3. Foreign Investment Statute (Decree Law 600) issued

    Labels: Decree Law, Foreign investment
  4. Chicago Boys gain top economic posts

    Labels: Chicago Boys, Economic ministries
  5. Trade liberalization deepens with low uniform tariff

    Labels: Trade liberalization, Tariff reform
  6. Labor Plan decrees restructure unions and bargaining

    Labels: Labor Plan, Decree-laws
  7. 1980 Constitution approved under military rule

    Labels: 1980 Constitution, Plebiscite mechanism
  8. Privatized pension system (AFP model) launched

    Labels: AFP system, Pension reform
  9. 1982 economic crisis hits; output falls sharply

    Labels: 1982 crisis, Macroeconomic shock
  10. Bank interventions and bailouts reshape financial policy

    Labels: Bank bailouts, Financial intervention
  11. 1988 plebiscite rejects extending Pinochet’s rule

    Labels: 1988 plebiscite, No campaign
  12. 1989 constitutional reforms approved by referendum

    Labels: 1989 reforms, Constitutional amendments
  13. Aylwin elected as democracy returns

    Labels: Patricio Aylwin, Democratic return
  14. Pinochet hands power to elected president

    Labels: Power transfer, 1990 handover