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Latin American Economy & Business - July 2014 (ISSN 1741-7430)

CHILE: Bachelet’s pension reform: missing all the points

The formation of a state-owned Administradora de Fondos de Pensiones (AFP) will probably not make the pensions system more competitive. Nor will it extend coverage to the poorest Chileans. Further, it will not deliver changes that would improve an already strong system.

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