Economy / Chile
If you would like to subscribe to Southern Cone Monitor and gain instant access to this article, please click here to subscribe.
If you would like to take a trial to Southern Cone Monitor please click on the trial link below.
Falling Popularity Continues
November 2007 | Risk SummarySorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
If you would like to subscribe to Southern Cone Monitor and gain instant access to this article, please click here to subscribe.
If you would like to take a trial to Southern Cone Monitor please click on the trial link below.
Chilean President Michelle Bachelet continues to lose favour with the public, as her government remains unable to provide adequate public services despite booming fiscal revenues. The budget surplus is expected to come in at 7.8% of GDP this year, yet public sector pay is still very low and rising inflation is eroding the relative income of the poor. Bachelet's approval rating, according to a September poll, is now 35.3%, down by 3.8 percentage points from August, while her disapproval rating is 46.1% up by 3.4pp in the month. Unsurprisingly then, an increase in public spending is needed to help reverse