...of South America, Chile's economy has been uncertain for decades. Less certain at some times than at others, the country has made a consistent and concerted effort to build a sustainable export-driven economy since the first days of the North American Free Trade Agreement (NAFTA).
The Clinton administration was worried about South American double-digit inflation, and insisted that Chile bring its economy in line with more accepted ratios of national debtrease in gross domestic product (GDP) and other overall economic measures. Today, Chile's economy is well on its way to being reclassified as mature.
The Allende Government
Salvado Allende won 37 percent of the popular vote in 1970 on promises...