Chilean President Michelle Bachelet Pool Laurie Dieffembacq/ZumaPress

Chile’s Uncertain Future

Chile’s economic performance has been the strongest in South America, and it's no surprise that he country is the continent's only OECD member. So why have Chile’s voters elected a president and a parliament that many fear could jeopardize this success.

CAMBRIDGE – When I was in Chile earlier this month, I was impressed by the contrast between the palpable success of its long-standing free-market policies and the current agenda of its leftist president, Michelle Bachelet. How this contrast is resolved will be important not only to the country’s more than 17 million people, but also to everyone who regards Chile as a model of what sound economic policies have been able to achieve.

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