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In the first year of Allende's term, the short-term economic results of Minister of the Economy Pedro Vuskovic's expansive monetary policy were highly favorable: 12% industrial growth and an 8.6% increase in GDP, accompanied by major declines in inflation (down from 34.9% to 22.1%) and unemployment (down to 3.8%). However, by 1972, the Chilean escudo had an inflation rate of 140%. The average Real GDP contracted between 1971 and 1973 at an annual rate of 5.6% ("negative growth"); and the government's fiscal deficit soared while foreign reserves declined.[58] The combination of inflation and government-mandated price-fixing, together with the "disappearance" of basic commodities from supermarket shelves, led to the rise of black markets in rice, beans, sugar, and flour.[59] The Chilean economy also suffered as a result of a US campaign against the Allende government.[60]
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Salvador Allende
Popular Unity (Chile)
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Επαναστατικά αναγνώσματα
Χιλή: Κράτος και Επανάσταση Tom Lewis
Το σχέδιο Β' της Δεξιάς: Κωδικός ...«κατσαρόλα» Δημήτρης Τρίμης
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