Guillermo Perry, the World Bank's chief economist for Latin America, says Chile is better placed than any other country in the region to absorb external shocks, thanks to its well organised budgetary institutions, prudent fiscal management (a surpluseveryyear since 1989) and tight banking supervision.
Tonight I propose that we use one out of every six dollars in the surplus over the next 15 years to guarantee the soundness of Medicare until the year 2020.