The Return of Bachelet

Michelle Bachelet’s landslide victory in Chile’s presidential election represents a powerful mandate, though it comes with a crucial caveat. Record-high abstention calls into question the claim that voters want a shift away from the market-friendly policies that have made Chile Latin America’s most stable and successful democracy.

SANTIAGO – Michelle Bachelet’s landslide victory in Chile’s recent presidential election represents a mandate that many political leaders could only envy. But her return to the presidency comes with a crucial caveat: record-high abstention calls into question the claim made by some within her coalition that voters want a profound shift away from the market-friendly policies that have made Chile Latin America’s most stable and successful democracy.

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