Chile

  • Patching Up the Pension Fund Folly Oct 1, 2002

    The privatization of retirement funds in Latin America has come up short. Except for in Chile, the pioneer of privately managed pension funds, governments are still grappling with huge fund deficits and unfunded liabilities.

    • Prudence as a National Consensus Sep 1, 2002

      Despite the financial turmoil spreading across South America, Chile remains an isalnd in the storm. The country has pragmatism inits blood and its finance minister, Nicolás Eyzaguirre, has maintained rigid control over national spending. His former counterpart in Peru (see "Politics Torpedoes Growth") has had less success.



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