Efectos económicos de la guerra de Irak

Tomás Flores

doi:10.5354/0719-3769.2003.14567

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Efectos económicos de la guerra de Irak

Authors

Tomás Flores

Vol. 36 No. 142 (2003): Julio - Septiembre

https://doi.org/10.5354/0719-3769.2003.14567

Abstract

When the expectation of war began to take shape during the past year and transmitted its effects to the markets, analysts began to look to the past to try to estimate what could come. Markets hate uncertainty. They hate it because it makes it more difficult precisely what the markets are trying to do, that is, trying to project what is to come and thus make the most appropriate decisions. With the evolution of the Iraq War, the projections that existed for the trajectory of the oil price after the war have not been fully met and although this price level does not constitute a threat to world recovery, it has not produced the additional boost that would have brought with it a drop in price.

Keywords:

Iraq War, Markets, Uncertainty, Oil Price, Inflation

Author Biography

Tomás Flores

Ingeniero comercial; Master of Arts in Economics, Universidad de California, Los Ángeles; decano de la Facultad de Administración y Economía de la Universidad Bernardo O'Higgins; profesor de finanzas públicas y macroeconomía de la Pontificia Universidad Católica de Chile y director del Programa Económico de Libertad y Desarrollo.

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Flores, T. (2003). Efectos económicos de la guerra de Irak. Estudios Internacionales, 36(142), p. 47–57. https://doi.org/10.5354/0719-3769.2003.14567

Efectos económicos de la guerra de Irak

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Abstract

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Author Biography

Tomás Flores

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