presentacion presidente piñera consejo de americas 22 sept 2010

8/8/2019 Presentacion Presidente Piera Consejo de Americas 22 sept 2010

1/42

Sebas&nPieraEchenique

PresidentoftheRepublicofChile

September2010

CounciloftheAmericas


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19861997

12yearsoffatcows

Source:CentralBankofChile,TheEconomistIntelligenceUnitandI.M.F.

(1) AggregateProducvityofFactors

(2) F.E.D.interestrate

ChileGDPgrowth 7.8%Producvity(1) 3.1%

Creaonofnewjobs 3.1%

Unemploymentrate 7.8%

WorldGDPgrowth 3.2%Interestrate(2) 5.8%

Copperprice 1.1US$/

ChilecangetbeDer!

19982009

12yearsofleancows

ChileGDPgrowth 3.4%Producvity(1) 0.1%

Creaonofnewjobs 1.8%

Unemploymentrate 8.9%

WorldGDPgrowth 3.4%Interestrate(2) 3.3%

Copperprice 1.6US$/


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3.2% 3.4% 7.6% 3.3%19861997 19982009 19861997 19982009

Ch

ile

W

orld

Whiletheworldaccelerated

Chilesloweddown

ChilecangetbeDer!


4/42

AnnualGDPgrowth(Averagepresidenalperiod)

7.7%

19901994

5.5%

19942000

4.3%

20002006

2.8%

20062010

ChilecangetbeDer!

6.0%

20102014


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Wemustrecoverourgrowingcapacity:

fromtheMiracletotheNap

andNowBacktotheMiracle

ChilecangetbeDer!

19861997 19982009

2010


6/42

Firsttransion1989Regainingdemocracy

ChilecangetbeDer!


7/42

ChilecangetbeDer!

SecondtransionOurpathtodevelopment


8/42

OurmainGoalsduringthisdecade:

Achievedevelopment

efeatpoverty

Toachievethemweneedanewformofgovernance:

Awelldonejob

Withasenseofurgency

Senggoalsanddeadlines

ChilecangetbeDer!


9/42

Agovermentprogramintendedtobuildupa

societyof:

Opportunies

Securies Values

ChilecangetbeDer!


10/42

OurgoalsasaGoverment

PresidenalCabinet2010

ChilecangetbeDer!


11/42

Recoveringourgrowthcapacity

Growingpace6%

HumancapitalEmployment

Investment

Entrepreneurship

Innovaon

Technology

Producvity

Flexibility

ChilecangetbeDer!


12/42

!"!

#"!

$"%

&"%#"'

(")

%"$

$"$

("*

%"*

$"%%"*

+,-./0 123/ 45678 95:;3-3< =/>325 =/>325

?;/-3 @72-A

19901994 19942000 20002006 20062010 2010e 2011e

ChilecangetbeDer!



13/42

Growingpace6%OurgrowingpaceforthisandnextyearwillplaceussecondinLanAmericaand

24thintheworldSource:IPoMCentralBankofChile

51444Bachelet(20062010)

1224Piera(2010)

7333Lagos(20002006)

4212Frei(19942000)

217Aylwin(19901994)

OCELa&nAmericaWorld

GrowthRanking

ChilecangetbeDer!



14/42

Expectedandrealeconomicgrowth

!"

!#

!$

$

#

"

%

&

'()*,&

-.)*,&

'(/*,&

012*,&

013*,&

-14*,&

56.*,&

789*,&

:;6?*$,

'()*$,

-.)*$,

'(/*$,

012*$,

013*$,

@A.6896B+4);C9D

E6(3+4);C9D

ChilecangetbeDer!

AnewformofGovernance



15/42

Decentjobsforall

200,000jobsperyearWewillachievethiswithgrowth,

investments,humancapital

training,entrepreneurship,new

treatmenttosmallandmedium

sizebusiness,incorporaonofworkingwomenandsubsidiesto

workmenrecruitmentand

training.

ChilecangetbeDer!

20102014

Morethan1,000,000jobs


16/42

200,000jobsperyear

2,1%salaryrisesoverinflaon

165.000jobscreatedin4

months

Higherdropin2Q10

unemploymentin24years:

from9.0%to8.3%

Goalincreaseexpectedto

reach250,000newandgood

jobsby2010.

Decentjobsforall

ChilecangetbeDer!

MarchJune2010


17/42

PublicOrderandSafety:NomoreChileanslivinginfear

Wewillstartdefea&ngcriminalityanddrug

trafficking

ChilecangetbeDer!

Prevenon Protecon

Jusce Rehabilitaon


18/42

Wewilldefeatcriminalityanddrugtrafficking

+28%13.93011.400ruglawviola&onarrests2Q10

3.7%683709Seriousoffenserepor&ng2Q10

4%13.8%17.8%Fearrate

1%36.%37.5%Vic&miza&onrate

Varia&on%20102009

Lowestvicmizaonrateandcizenfearsince2002

PublicOrderandSafety:NomoreChileanslivinginfear


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Dignifiedandeffecvehealth

Toimprovehealthquality:Wewillbuildmoreandbeerhospitalsand

communitycarecenters.

Wewillimproveoutpaentcareproblem

solvingwithmorespecializedphysicians,

ambulancesanddrugs.

Wainglistswerecutdownby37%toonly

172,000peopleinjust60days.

ChilecangetbeDer!


20/42

UrgentEducaonQuality

Toimprovethequalityandequityof

educa&onandtrainingWewill

Doubleschoolsubsidies.

Setupanetworkofexcellencehighschools.

Expandpreschooleducaoncoverage.

Extendcollegescholarshipsandaccesstocreditsforyoungpeople.

DigitalRevoluon.

ChilecangetbeDer!


21/42

UrgentEducaonQuality

To improve the quality and equity of education

and training

ExcellencePublicSchools:25toMarch2011.Only2

existedpreviously.

CountryServiceinEducaon

Cizenapprovalineducaon:58%,incomparisontotheaverageapprovalachievedbytheprevious

government:37%

ChilecangetbeDer!


22/42

OvercomingPoverty:Anambiousbutpossiblegoal!

Toeradicateextremepovertyby2014MinistryofSocialDevelopment:September

2010

EthicalFamilyIncome:March2011

!"#$%

!'%

&(#$%

&!#&%&)#(%

&*#&%)"#(%

)!#(%)+#)%

)''* )''& )'', )''$ )''" &*** &**! &**$ &**'

Povertyroseforthe

firstmein20years.

Poverty


23/42

Democracy2.0 Toimprove,streamlineandtransparen&zedemocracy:Automacregistraonand

voluntaryballong

VoteofChileansabroadBlindtrustlaw

!"# !!#!"#

!$#!%#

!'"#

''#

'(# '%#

)!# )!#

*"!"

*""(

*""%

*"")

*""'

*"""

(&&&

(&&*

(&&$

(&&+

(&&!

(&&"

Ci&zenPar&cipa&oninemocracy

In1988,36%ofvoterswereyoungerthan30,in2010theyaccountforonly9%

ChilecangetbeDer!


24/42

Ontopofthesegoals

ChilecangetbeDer!


25/42

At3:34AMonSaturday,February27,2010,thefihworstearthquake(magnitude

8.8ontheRichterscale)beatChileforthreeendlessminutes.

TheearthquakeaffectedcentralChilefromtheRegionofValparaisotoLaAraucana

(147,392Km2),dwellingplaceofmorethan12,880,000inhabitants,correspondingto

75%ofChileswholepopulaon.

Thenexthours,anumberoftsunamisdevastatedlargeareas,ciesandtownsonthecentralcoastofChile.

Wearebuildingbackwhattheearthquake

andtsunamydestroyed

ChilecangetbeDer!


26/42

Itwasoneofthe5highestmagnitudeearthquakes

throughoutknownhistoryofmankind.

1. Valdivia,Mayo22,1960,Chile.9.5ontheRichterscale.1,655fatalvicms.

2. Alaska,March28,1964,UnitedStates.9.2ontheRichterscale.128fatalvicms.

3. SumatraIsland,December26,2004.9.0ontheRichterscale.227,898fatalvicms.

4. Kamchatka,November4,1952,Russia.9.0ontheRichterscale.Nofatalvicms.

5. Concepcin/Cons&tucin,February272010,Chile.8.8ontheRichterScale.

ChilecangetbeDer!


27/42

Source:LaTercera

ChilecangetbeDer!


28/42

JuanFernndezbeforeandaer

ChilecangetbeDer!


29/42

Constucinbeforeandaer

ChilecangetbeDer!


30/42

SouthRoute5betweenCuric&Molina

ChilecangetbeDer!


31/42

521Chileanci&zenslosttheirlivesand56weremissing;

Almost2millionChileanvicms;

Generalizedshortageofbasiculies:4.2millionuserswithoutelectricpowersupply.

1,250,000students,1outof3,wereunabletogobacktoclassesbecausemore

than4,000schoolsweredestroyedorseverelydamaged;

79hospitals,1outof3,167opera&ngroomsand4,249bedwereuseless;

370thousandhomes,1outof10,werecollapsedordamaged;

Thousandsofmicro,smallandmediumbusinessweredevastatedand120,000jobs

werelost.

211bridgesweredestroyedordamaged;thousandsofmilesofroadswerecutoff

anddozensofports,airportswereparalyzed.

Inventoryofdamages

ChilecangetbeDer!


32/42

Health US$3.5 Billion

Educaon US$3 Billion

Housing US$4 BillionInfrastructure US$4 Billion

ArmedForces US$1.5 Billion

Privatesector US$8 Billion

Plusemergencyexpenses,dropinproducvity,etc.

Aggregategrosscost:US$30Billion(GP18%).

Insurance:US$5US$8Billion.

Generalesmateofdamages

ChilecangetbeDer!


33/42

1. Fiscalausterityandreallocaonofexpenses.

2. Donaonslaw.

3. Paraluseoffiscalsavings.

4. Publicindebtedness.

5. Saleofdisposableassets.

6. Tax adjustments to large companies without affecng small and medium size

companiesorindividuals.

7. Taxincreaseintobacco

PublicSectorReconstruc&onPlan:US$8,500millionFinancingsources

ChilecangetbeDer!


34/42

ChilecangetbeDer!

1. Emergency.

2. RebuildingChile.

3. Goverment Program acomplishment and overcoming poverty and

underdevelpment.

Triplechallenge:

Percap

itaincomeUS$

!

"#!!!

$!#!!!

$"#!!!

%!#!!!

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%!$!

%!$$

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%!$'

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%!$*

%!$+

%!$(

%!%!

%!%$

%!%%

%!%&

%!%'

%!%"

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%!%*

%!%+

%!%(

%!&!

%!&!

,-./,01234/!5

,-./,01234/)#!5


35/42

Wewillrequirethepowerofourunknownheroes

Source:LaSegunda

ChilecangetbeDer!


36/42

Therescueofthe33miners

ChilecangetbeDer!


37/42

WiththeuncondionalGovernmentcommitment

ChilecangetbeDer!


38/42

TwobigchallengesTorecoverthewastedme

Torunfasterandboost

towardsdevelopment.

ChilecangetbeDer!

Chile2010onward


39/42

ChilecangetbeDer!

Chile2010onward

Runfaster


40/42

ChilecangetbeDer!

Chile2010onward

Jumphigher


41/42

Thankyou!

SebasnPieraEchenique


ChilecangetbeDer!


42/42

Sebas&nPieraEchenique


September2010

CounciloftheAmericas

presentacion presidente piñera consejo de americas 22 sept 2010

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