“The May Day demonstrations illustrated the political and social tensions that are building up. On the one hand, a rally in support of the government around the CUT and the coalition parties, on the other, a left-wing opposition with a dissident class struggle trade union pole and social movements.”
(Bloomberg) Chile’s President-elect Gabriel Boric picked current central bank head Mario Marcel as finance minister, redoubling efforts to assure investors that his leftist government will follow a fiscally responsible path.
By Maria M.Mur Santiago, Jan 21 (EFE).- Chilean President-elect Gabriel Boric made political history Friday by introducing the first Cabinet in the Americas that has more women than men. “Today we begin writing a new chapter in our democratic history. We don’t begin from zero, we know that there is a history that elevates us …
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The idea of Chile as a “free market miracle” is one of the most powerful myths in the recent history of economic development, but Chile’s export diversification was really the result of carefully crafted government interventions, writes
Amir Lebdioui (LSE Latin America and Caribbean Centre).
Assessing industrial policies in Chile remains a contentious and divisive topic. Chile has long been held up as an almost textbook example of the success of “letting the market do its work”, as there was a broad agreement among mainstream economists that Chile had largely succeeded in promoting strong and stable growth because it had embraced free market policies.