Though falling short of fundamental institutional reforms, the initiatives launched immediately after the coup already advanced the neoliberal agenda by reversing major economic reforms of previous governments. The junta returned nationalized enterprises to their former owners (approximately 260 domestic firms) and compensated U.S. multinationals affected by expropriation measures. Price controls were eliminated and interest rates were freed. Beyond these privatization and deregulation efforts, the regime sought to stabilize macroeconomic variables in a more traditional fashion.

Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, loc. 1570