Chile swings left (From FT European Edition, Nov.2013)

"It is not because the economy has done badly under the out-going centre-right government of Sebastián Piñera. Unemployment is at record lows, poverty has continued to fall and productivity has risen after years of decline. Nor, in a sign of Chile's institutional maturity, has the political shift been accompanied by the hysteria that so often accompanied opposition wins in Latin American politics. Rather, it reflects a widespread desire in Chile for greater social equality amid the economic boom. That is quite understandable given that Chile is the most unequal member of the OECD."