Chile goes to the polls on Nov. 17. The biggest question regarding the presidential contest is not who will win, but when. Michele Bachelet, who served a prior term as president from 2006-2010, has a wide lead in the polls. Chile’s electoral rules require a candidate to win more than 50 percent of the vote to secure the presidency in the first round. Bachelet’s supporters would greet a first-round win as a strong mandate for decisive moves to make the tax code more progressive and overhaul the education system. If Bachelet falls short of a majority in the first round, she will face off against the second-place candidate in a December runoff. She is expected to prevail against any potential rival, but her adversaries would have the opportunity to coalesce in opposition, cracking her aura of invincibility and slowing the momentum behind progressive redistribution.Full Article: Buyer’s remorse in Chilean elections?.
Nov 11 2013