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Chile’s unhappy success

Why are voters flocking to right and left-wing populists ahead of this year’s presidential election?

    • An empty bar in Santiago, Chile. The Chilean economy, once the wonder of Latin America, has barely been growing in recent years, and the investment boom of the 1990s and 2000s is long past.
    • An empty bar in Santiago, Chile. The Chilean economy, once the wonder of Latin America, has barely been growing in recent years, and the investment boom of the 1990s and 2000s is long past. PHOTO: REUTERS
    Published Sat, Jul 26, 2025 · 07:00 AM

    LET’S play a political parlour game.

    First question: Which developing country has, since 1990, consolidated a thriving liberal democracy, with free elections and a free press; almost trebled its real income per capita; sharply reduced its Gini coefficient (a measure of income inequality); and climbed up the ranks of the United Nations Human Development Index, so that it is now classified as enjoying Very High Human Development?

    Second question: Which developing country had massive protests and riots in 2019; suffers from very low reported trust in institutions; has just elected a member of the Communist Party as the standard-bearer of the ruling centre-left coalition; and, if polls are right, is likely to choose a far-right Trump wannabe in the presidential election later this year?

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