Word: chileanizing
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...sound economic management." Chile? The country where two months ago the Catholic Church demanded an investigation into the identities of more than 300 bodies found crammed into unmarked coffins in a Santiago cemetery? Chile? The international pariah that refuses to extradite to the U.S. the former head of the Chilean secret service and two other army officers indicted for murder by a federal grand jury? Yes, Chile, where Military Dictator Augusto Pinochet is simultaneously tightening his grip on the government and freeing up the economy...
Chile's economy, which was highly protected under Allende, has become much less restricted and more entrepreneurial. The transformation has been largely the work of those whom Chileans call the "Chicago Boys," a handful of officials and academics led by Planning Minister Miguel Kast, 30, Finance Minister Sergio de Castro, 49, and Central Bank President Alvaro Bardon, 39. All have graduate degrees in economics from the University of Chicago, the spiritual home of Free Marketeer Milton Friedman. Like most Chilean economists, the Boys were fervent opponents of Allende, and the military junta picked many of them for top jobs...
First, the U.S. should be especially wary of embracing dictatorships that have sprung up in countries with democratic traditions, like Chile and Greece. The Pinochet junta is an aberration in modern Chilean history and may well go the way of the Greek Colonels. The same could be true of Ferdinand Marcos, although democracy in the Philippines has always been fragile and turbulent. Conversely, the U.S. has little choice but to tolerate military rule where it is the norm. For example, South Korea's Park Chung Hee suppresses dissent by an "emergency decree" superficially similar to Marcos' martial...
...Gustavo Leigh, a member of the ruling junta. Fuenzalida and others formed a company called Chilco, which the SEC said was to be paid .5% of the value of any contracts that ISC secured in the country. One member of Chilco was Benjamin Rencoret, who was and is a Chilean honorary consul in Houston. Despite payments of $30,000 to Chilco, the company failed to get the contract it was seeking: construction of a $375 million liquefied natural gas plant...
...under the Soviet Constitution and Criminal Code. His gambit was to exchange a third of his life in prisons and psychiatric clinics for the dignity of saying nyet. It gained him an international reputation for incorrigible heroics. In 1976 the Soviet government solved their embarrassment by swapping Bukovsky for Chilean Communist Luis Corvalan, then a prisoner of the Pinochet dictatorship. Today Bukovsky lives in England, where he has resumed his frequently interrupted study of biology...