Chile’s struggle against populism: a success story

Populism has sparked hyperinflation and exacerbated poverty in much of Latin America. Chile is one country that has implemented public policies and fostered institutions that have curbed populist proposals. It can now offer an important example in countering the new wave of populism in such countries as Venezuela, Bolivia and Ecuador, where its propagators are promoting public policies that have brought political, economic and social instability to the region.