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    Thanks to economic turmoil, left-wing Latin American countries are turning right

    by Ruchir Sharma Jun 09, 2016 3 minutes

    ON A TRIP TO SANTIAGO LAST YEAR, I CAUGHT UP WITH Sebastián Piñera, the ex-President of Chile. Piñera’s center-right party had been defeated in 2013 by a leftist opposition that offered more social spending and higher corporate taxes. Chile’s turn under the new President, Michelle Bachelet, reflected “the long history of Latin America,” Piñera said, with a hint of frustration. “When times are good, countries turn to the left, and when times are bad, they turn to

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