Why does Chile have a better economy than all of the other countries in latin America?
- It is labeled as a high income country by the IMF,
- It is the only Latin American country that is part of the US Visa Waiver Program
- It is one of two Latin American countries that is an OECD member.
- Unlike some of the other developed countries in South America,Argentina , they don't have chronic inflation problems.
What was is that set Chile apart? I've read a little bit about how "The Chicago Boys" played a big part of the country's success. What did they do differently in Chile? Didn't a lot of the policies that they helped to put in place take place under Pinochet? I read that Chile's chronic inflation problem was also solved under then Pinochet regime. If so, how do you think that affects the legacy of Pinochet?