Chileans vote this weekend to elect members to a convention tasked with re-writing the constitution which, from an economic perspective, may result in a larger role of the state in the economy, higher public spending and larger budget deficits. But regardless of how exactly the new constitution shapes up, a key point is that recent policies have pushed Chile in this direction anyway. Elsewhere, developments in Brazil this week are likely to have strengthened the hawkish voices at the central bank.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services