The student education protests in Chile have been largely defused by the government led by President Sebastián Piñera, which finally managed to outmanoeuvre the students by securing approval for the US$60bn 2012 budget in congress. The protests have been taxing, not only on the government but also on the political system as a whole. Political actors now recognise that Chile must contemplate fundamental political reforms to address some of the wider issues raised by the protestors (and the large section of the population that backed them).
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