Chile

Chile would become the first South American country to be a member of the Organization for Economic Cooperation and Development (OECD) under an agreement signed early this year by OECD Secretary-General Angel Gurría and Chilean Finance Minister Andrés Velasco in the presence of President Michelle Bachelet in the city of Santiago in Chile.

The Secretary-General said that, “Chile had been reforming its economy. The experience of the country’s reformation would be an asset for the OECD in addressing problems such as inequality and sustainable pension systems.” He added that,  “Chile’s groundbreaking pension reforms in the early 1980s have served as a model for many other countries.” [click to continue…]

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