Sebastián Piñera, Chile’s president-elect, has promised to apply the entrepreneurial skill that made him a billionaire to reinvigorating the national economy. Mr. Piñera maintains that by cutting red tape, enhancing investment incentives and administering the public sector more efficiently, he will steer Chile to a growth rate averaging 6% annually during his term, roughly twice the rate of the past decade.

WSJ – Chile’s New Leader Faces Economic Hurdles