A Rocky Road to Recovery for Chile

Editorial, The Economist | March 15, 2010

Tremors could literally be felt during Sebastian Pinera’s inauguration ceremony as Chile’s new President, just two weeks after a 6.9 magnitude earthquake rocked the nation. ++ “The earthquake and particularly the pillaging that followed dented their pride in a country they believed to be largely law-abiding and well prepared to cope with natural disasters.” ++ Chile faces 20-30 billion dollars in damages and around half a million displaced families. ++ The efficiency of the new government’s relief efforts will set the pace of recovery.