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Crises put Chile’s free-market consensus in danger
The Covid-19 crisis offered embattled Chilean President Sebastian Pinera a lifeline after months of protests had rocked his administration. Instead, his mismanagement of the response to the pandemic has nearly led to the collapse of his governing coalition. Now, as the country gears up for a referendum on a new constitution, Chile’s status as a free-market bulwark in South America could be under threat.