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Free AccessSupport For New Chilean Constitution Increases
A recent Candem poll has shown that support for the new Chilean constitution has increased since the draft constitutional proposal was published this week.
- There were fears that the new constitution would usher in radical changes in the central bank and strict regulation of the mining sector. These concerns didn't materialise; central bank independence is enshrined in the new constitutional proposal, and mining is still subject to the same concession system.
- Members of the convention have just over three months to sell the new charter to voters before it is put to a referendum on September 4.
- Early signs suggest that the negative popular opinion of the Convention may be turning around. The previous batch of polling from Cadem released May 10 showed that only 42% of voters would approve the new constitution. This has risen to 45.5% since publication of the proposal.
Figure 1: With the information you have at this time, would you vote to Approve or Reject the Constitution proposed by the Constitutional Convention? (Cadem )
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.