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Brazil & Southern Cone - October 2012 (ISSN 1741-4431)
CHILE: Budget debate sparks electoral concerns
It’s been another politically tricky year for the administration led by President Sebastián Piñera. Despite Chile’s solid economic performance, the government continues to face simmering social discontent with various social groups, led by students, demanding more equitable wealth distribution. President Piñera has sought to appease these demands by offering minor concessions. This only served to embolden the political opposition, which has made life difficult for the ruling Coalición por el Cambio in congress as it looks to position itself ahead of the upcoming electoral season, which starts with this month’s (October 2012) municipal elections and culminates with the presidential election late next year (2013). The Coalición por el Cambio would like to limit an further political damage ahead of the elections, but it finds itself bracing for yet another bruising battle in congress, as the executive stubbornly sticks to its plans.
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