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Latin American Economy & Business - August 2013 (ISSN 1741-7430)

CHILE: Bachelet versus Matthei: The economic issues

The first round of Chile’s presidential elections will be held on 17 November. It is essentially a two-way race, with two women candidates each representing opposing ends of the country’s political spectrum. On the Right is Evelyn Matthei, representing the ruling Coalición por el Cambio (CPC), which offers continuity with the current government’s pro-market policies. On the Left is Michelle Bachelet, a former president (2006-2010) who is seeking a second term for the quadripartite alliance, Concertación de Partidos por la Democracia (CPD, or Concertación). To some degree, the opposing camps behind each candidate acknowledge that Chile’s very successful economic policy model is running out of steam and needs to be reinvigorated. Here we look at what the candidates are proposing to do.

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