The third round of pension withdrawals in Chile will help to boost its economic recovery in the near term, but is unlikely to be as impactful as the previous two. The broader concern is that it signals a shift away from pragmatic policymaking, which may be a sign of things to come ahead of this year’s election and the drafting of the new constitution. This could keep local financial markets on the backfoot.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.