During the last decades, Chile was, to the international eyes, the country with the greatest economic, political and social stability in Latin America, often presented as an example for the countries of the region. Its economy was known as the Chilean miracle which gave it the nickname “Jaguar of Latin America”.
The position that the country was taking on the international scene led Chile being in charge of hosting and organizing two of the most important summits at the international level: APEC and COP25. However, in mid-October a social outbreak in the capital that expanded rapidly throughout the country surprised everyone. Now Chile faces the greatest political and social crisis since its return to democracy almost 30 years ago and with it the impeccable image begins to crack.
Chile stood out among the countries in its neighborhood. Its stability in all areas was worthy of envy from its Latin American peers who in recent times faced social conflicts within their borders. The country had the best macroeconomic indicators in the region, being recognized by the World Bank as one of the fastest growing economies in South America.
