Sebastián Piñera won the second round of Chile’s presidential election, but difficulties in Congress may make it hard to implement parts of his market-friendly reform agenda, including cuts to the corporate tax rate. This won’t prevent a rally in the equity market over the coming days – but it may ultimately temper enthusiasm over a 12-18 month horizon.
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