Would that all Latin presidential elections went as smoothly as the one that just took place in Chile. Chile is by far the most stable country in Latin America but even so a market-neutral handover from the hugely successful presidency of Ricardo Lagos was far from a foregone conclusion.
Indeed, for much of her candidacy Michelle Bachelet, the president-elect, was viewed with suspicion bordering on outright animosity by much of the business community and the markets.
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