Chile’s Elections

The former president and billionaire, Sebastian Pinera, might just become Chile’s next Prime Minister

Chile is very busy blowing an air of important politics, at the moment: the Convervative leader Sebastian Pinera was declared victorious at the first stage of the country’s general elections on November 19 and before everything is finalized, Pinera will make a return to face off his Socialist opponent at the second stage of the elections, on December 17.

The general expectation was that Pinera would be the victor — since democracy surfaced in Chile in 1990, after the end of a seventeen-year-long dictatorship, the country has been left with a lot more change needing in order. For a start, the local crimes bother Chileans and people seem disenfranchised from the need to vote perhaps because of a display by politicians of shady politics.

Most of the Chilean population can be categorized as middle class people but income distribution happens on an uneven scale in Chile. Many young kids these days, for example, pursue routes to further education, even though they are very often the first in their families to do so, and it’s generally understood that this will leave them a lot better off than people from previous generations.

So far, Pinera has only expressed desires to increase investment for schools, instead but this could alleviate the problem that an aging workforce has created for the economy because with the supply of basic education, a new workforce can come and take the place of the old, to support the country economically. Meanwhile, economic growth has also been slow for the country because of a decrease in copper prices, and copper is an important export commodity for the nation — Chile is the world’s top copper-producing country.

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