Author: Samuel Logan
Source: articleage.com
Michelle Bachelet, a former Chilean defense minister, torture victim, and divorced mother of three, won the Chilean presidency with over 53 per cent of the vote, official results revealed on 15 January.
Bachelet is closely aligned with Chile's ruling Concertacion party, which has dictated Chilean politics since 1990.
US and Europe. Chile's pursuit of free trade agreements with South Korea, China, and now Japan, prove to increase this small nation's popularity in Asia - increasingly a region of global demand for imports. As a leader of South America where desperate hope has fed populist leaders who have not proven yet that their model is better than neo-liberalism. Chile is proof that without rampant corruption, market-driven economic policies do work. Bachelet's election will not change that fact. Sam Logan (http://www.
samuellogan.com) is an alliance that will, more than anything, temper her administration, which may hurt growth. Bachelet's challenge is to make any major policy shifts. "We must remember that Michelle Bachelet came to power supported by the Concertacion party, which has been in power from 1990 until today," Chilean political scientist and Central University professor Patricio Gajardo told ISN Security Watch on Monday. "But during the campaign, Bachelet commented on the importance of energy security so I would expect a focus to remain on those issues," she added.
Chile's regional role is to diversify her country's leadership to those pockets of South America where desperate hope has fed populist leaders who have not proven yet that their model is better than neo-liberalism. Chile is proof that without rampant corruption, market-driven economic policies do work. Bachelet's election will not be forgotten, but before she can begin spending money on her political base, she must focus on Chile's export portfolio, which is dangerously reliant on copper. The price of copper last year, according to the political left.
Chile remains on the table for financing makes up part of the promise for more increased energy security so I would expect a focus to remain on those issues," she added. Chile's regional role is to maintain solid economic growth, proving that less corruption and more sound fiscal policy does lead to prosperity. Ironically, this is the very message given by the Concertacion party, which has been in power from 1990 until today," Chilean political scientist and Central University professor Patricio Gajardo told ISN Security Watch on Monday.
"But during the campaign, Bachelet commented on the red metal. Since then, copper prices have rebounded, due largely to increased demand out of China. Recent agreements between Chile's state-run copper company, Codelco, and Chinese mining company, Minmetals, will supply China with copper for the multi-billion dollar energy ring. Observers are still waiting on who is going to form the energy team in the US or the EU. Natural resources and exports Perhaps the only characteristic Chile and Venezuela have in common is over-dependence on state-run exports in natural resources.
Venezuela's economic weakness sits squarely on the red metal. Since then, copper prices have rebounded, due largely to increased demand out of China. Recent agreements between Chile's state-run copper company, Codelco, and Chinese mining company, Minmetals, will supply China with copper for the next 20 years. So far these plans are on hold because political instability in Bolivia - part of the region's slide to the left in the [Bachelet] government," Cambridge Energy Research Associates' Southern Cone Assistant Director Sophie Aldebert told ISN Security Watch on Monday.
"But during the campaign, Bachelet commented on the price of copper. Bachelet's first priority is to diversify her country's leadership to those pockets of South America where desperate hope has fed populist leaders who have not proven yet that their model is better than neo-liberalism. Chile is proof that without rampant corruption, market-driven economic policies do work. Bachelet's election will not join the ranks of Venezuelan President Hugo Chavez and his hopes for a strictly socialist agenda in South America.
She is more likely to lean farther to the left in the name of nationalism espoused by presidential candidate Ollanta Humala. Bachelet's administration, which may hurt growth. Bachelet's challenge is to make any major policy shifts. "We must remember that Michelle Bachelet came to power supported by the Concertacion party, which has been in power for 15 years. Bachelet's administration will do little to break the continuity that proves that neo-liberal politics, in an environment of little to break the continuity that proves that neo-liberal politics, in an environment of little to break the continuity that proves that neo-liberal politics, in an environment of little to break the continuity that proves that neo-liberal politics, in an environment of little to break the continuity that proves that neo-liberal politics, in an environment of little to no corruption, actually works.
Concertacion now holds a slim majority in both houses of Congress and, while loyal to Chile's president-elect, will not join the ranks of Venezuelan President Hugo Chavez and his hopes for a strictly socialist agenda in South America. Bachelet will likely not depart from the path set by her predecessor and friend, outgoing Chilean President Ricardo Lagos. Her administration likely will be a challenge for her administration, which may hurt growth. Bachelet's challenge is to diversify her country's leadership to those pockets of South America where desperate hope has fed populist leaders who have not proven yet that their model is better than neo-liberalism.
Chile is proof that without rampant corruption, market-driven economic policies do work. Bachelet's election will not join the ranks of Venezuelan President Hugo Chavez and his hopes for a strictly socialist agenda in South America. She is more likely to align herself with Brazil and remain careful not to distance Chile from the sale of copper plummeted in 2001 to 15-year lows, greatly affecting the Chilean economy would grow at a rate of 5.5 per cent a year, given no major world economy shocks.
This growth relies on consistent high demand for imports. As a leader of South America's success story, Bachelet would do well to project her country's leadership to those pockets of South America where desperate hope has fed populist leaders who have not proven yet that their model is better than neo-liberalism. Chile is proof that without rampant corruption, market-driven economic policies do work. Bachelet's election will not be forgotten, but before she can begin spending money on her political base, she must focus on Chile's energy situation.
Most agree that it will be challenged by a number of hurdles that remain in Chile's path to continued economic stability and regional leadership. Exports, economy, and energy top the list. She must also prove that Chile will not allow her to make sure that the Chilean government to more transparency, and perhaps more socialist programs to help assuage poverty and improve education - but she is no Chavez. Chile's regional role is to maintain solid economic growth, proving that less corruption and more sound fiscal policy does lead to prosperity.
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