How to reform Chile

FOR MUCH of the past 30 years Chile has stood out from the rest of Latin America as a country that seemed to be doing most things right. It combined an open market economy with the rule of law, stable institutions and growing social provision. Poverty rates fell steeply and most Chileans became middle-class by official measures. The large, sustained and sometimes violent protests that have shaken the country since last October have therefore come as a shock. They have called into question the success of the “Chilean model” and its future.