Chile: An Island of Stability in South America

Apr 28, 2016 | 09:30 GMT

Chile: An Island of Stability in South America
Changes in Chilean electoral law could alter the balance of power between left- and right-wing party blocs in Santiago but should not create political instability.


Not all the countries in Latin America managed the commodity boom successfully, and some are now experiencing the side effects of high spending during boom times. But this is not the case in Chile, a notable example of moderate politicians successfully managing an economic windfall. Chile is a Latin American success story in large part because of its commitment to fiscal responsibility, and though changes to its electoral system will affect the makeup of its congress, its dedication to limiting public spending is not going anywhere....

Keep Reading

Register to read three free articles

Proceed to sign up

Register Now

Already have an account?

Sign In