The main change introduced by Concertación into the military government’s economic policies was to increase government spending on social programs and to reform labor laws. The result has been that, since the 1990 change of government, the Chilean economy has grown at an impressive rate, and that Chile leads the rest of Latin America economically. Average incomes in Chile were only 19% of U.S. averages in 1975; that proportion had risen to 44% by the year 2000, while average incomes in the rest of Latin America were dropping over that same time. Inflation rates in Chile are low, the rule of
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