CHILE
Growing pains of democracy, development
Chile is Latin America's success story. Per capita income has grown from $4,720 in 1990 to $13,936 in 2007. By leaving unperturbed market-based economic policies instituted in the 1980s, the Concertación, the center-left coalition in power since 1990, led Chile to where it is today. The next frontier is breaking the $20,000 mark in per capita income, which would denote the country's full passage to development.





