Traders Face Wild 2021 in Chile With New President, Charter
- Chile elects constitutional assembly and president in 2021
- Santander, Goldman Sachs among banks wary on local politics
Photographer: Cristobal Olivares/Bloomberg
This article is for subscribers only.
Investors in Chile are steeling themselves for a tumultuous year ahead with two elections and the drafting of a new constitution, processes that will test the country’s reputation as Latin America’s most stable and business-friendly nation.
In April, citizens must choose members of a Constituent Assembly to draw up the new charter, before returning in November for presidential and congressional elections. And with rejection of traditional parties running high following months of violent social unrest, investors have little idea what will happen in either vote.