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• W2139545143 abstract "Chile and Mexico experienced extraordinary economic and social improvements over the first decade of the twenty-first century. Nonetheless, the 2008–2009 international crisis dramatically affected these two economies via real channels. Both countries reacted to the external shock by implementing several measures. However – thanks to the policies implemented during the period before the crisis – the Chilean government enjoyed more fiscal space and was able to introduce a stimulus package twice as large the Mexican one. In particular, Chile supported families with children via the expansion of the main social protection programme, additional cash transfers to the poorest families with children and passive labour market measures. In contrast, the worsening of fiscal conditions pushed Mexico into a fiscal consolidation process since 2010. As a result, child poverty dropped in Chile while it rose sharply in Mexico." @default.
• W2139545143 created "2016-06-24" @default.
• W2139545143 creator A5011176864 @default.
• W2139545143 date "2014-10-31" @default.
• W2139545143 modified "2023-09-24" @default.
• W2139545143 title "Pre-Crisis Conditions and Government Policy Responses" @default.
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• W2139545143 doi "https://doi.org/10.18356/41b7dc8e-en" @default.
• W2139545143 hasPublicationYear "2014" @default.
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