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Pinochet allowed the [[Chicago Boys]] to move Chile into a market economy, privatizing many inefficient government businesses, and opening the country to foreign investment. The stability that his government gave encouraged foreign investors to come to Chile. His minister, [[José Piñera]], started one of the first [[private pension accounts|Individual capitalization]] pension systems in the world, which has been highly successful. [[Hernán Büchi]] was responsible for reintroducing economic liberal policies at the end of the government.
Pinochet allowed the [[Chicago Boys]] to move Chile into a market economy, privatizing many inefficient government businesses, and opening the country to foreign investment. The stability that his government gave encouraged foreign investors to come to Chile. His minister, [[José Piñera]], started one of the first [[private pension accounts|Individual capitalization]] pension systems in the world, which has been highly successful. [[Hernán Büchi]] was responsible for reintroducing economic liberal policies at the end of the government.
Between 1977 and 1978 Pinochet had to put up with [[Argentina]]'s tough stance on the dispute over the Beagle Channel islands, which almost caused a war. Augusto Pinochet reinforced the [[Magallanes and Chilean Antarctica Region|southern zone]] preparing the Armed Forces for a possible war, but it would not be the Chileans who would start a war. The interest of [[Pope John Paul II]] in the conflict made the presidents of Chile and Argentina accept the mediation of the Vatican. On May 2, 1985, the Foreign Ministers of Chile and Argentina signed the Peace Treaty before Pope John Paul II. That same day, President Pinochet announced the importance of the signing of this border treaty to the country on national radio and television. On April 1987 Pope John Paul II visited Chile.
Between 1977 and 1978 Pinochet had to put up with Argentina's tough stance on the dispute over the Beagle Channel islands, which almost caused a war. Augusto Pinochet reinforced the southern zone preparing the Armed Forces for a possible war, but it would not be the Chileans who would start a war. The interest of Pope John Paul II in the conflict made the presidents of Chile and Argentina accept the mediation of the Vatican. On May 2, 1985, the Foreign Ministers of Chile and Argentina signed the Peace Treaty before Pope John Paul II. That same day, President Pinochet announced the importance of the signing of this border treaty to the country on national radio and television.
April 1987, the visit of Pope John Paul II.
The US adopted sanctions to Chilean Fruit exports for 'human right abusses' and pressured Chile to introduce a series of economic reforms, a process that escalated sharply in the eighties. This led to a period of rapid economic expansion and development without precedent in Latin America, in which growth averaged 7% annually, that came to be known as the "''miracle of Chile''" (it also included the region's greatest reductions in infant mortality<ref>Nick Eberstadt, The Poverty of Communism (Transaction Publishers, 1990), pp188, 196-206, 240-6, in which he discusses living standards in [[Communist]] [[Cuba]] versus Pinochet's Chile.</ref>). In turn, this allowed Chile to make a long-term transition to sustainable democratic rule that would likely have been otherwise inconceivable.<ref>http://www.lyd.com/noticias/violencia/what_really.html</ref>
The US adopted sanctions to Chilean Fruit exports for 'human right abusses' and pressured Chile to introduce a series of economic reforms, a process that escalated sharply in the eighties. This led to a period of rapid economic expansion and development without precedent in Latin America, in which growth averaged 7% annually, that came to be known as the "''miracle of Chile''" (it also included the region's greatest reductions in infant mortality<ref>Nick Eberstadt, The Poverty of Communism (Transaction Publishers, 1990), pp188, 196-206, 240-6, in which he discusses living standards in [[Communist]] [[Cuba]] versus Pinochet's Chile.</ref>). In turn, this allowed Chile to make a long-term transition to sustainable democratic rule that would likely have been otherwise inconceivable.<ref>http://www.lyd.com/noticias/violencia/what_really.html</ref>
On September 7, 1986, the then President suffered a terrorist attack perpetrated by the Manuel Rodriguez Front (FMR) in the Achupallas sector, Cajón del Maipo, when the motorcade in which he was traveling from his resting residence was attacked with rockets and machine guns. Pinochet suffered slight injuries to his left hand, but five of his escorts were killed. The attack used weapons from the war arsenal found in Region III on August 15, 1986, in a cove located in Carrizal Bajo, south of Copiapó, weapons sent by Fidel Castro.
On September 7, 1986, the then President suffered a terrorist attack perpetrated by the Manuel Rodriguez Front (FMR) in the Achupallas sector, Cajón del Maipo, when the motorcade in which he was traveling from his resting residence was attacked with rockets and machine guns. Pinochet suffered slight injuries to his left hand, but five of his escorts were killed. The attack used weapons from the war arsenal found in the Atacama Region on August 15, 1986, in a cove located in Carrizal Bajo, south of Copiapó, the weapons were sent by [[Fidel Castro]] from [[Cuba]].
The men who were killed were:
The men who were killed were:
- 2nd Corporal of the Army Roberto Rosales Martínez.
- 2nd Corporal of the Army Roberto Rosales Martínez.
Pinochet's firm decision to hand over the presidential command was not broken either by his own will or by the terrorist actions that since 1983 had been accentuated, causing deaths and serious damage to public and private property. President Pinochet was nominated by the Military Government Junta as a candidate to continue as President of Chile for another few years, and a plebiscite was called for the people to accept or reject such nomination. On October 5, 1988, Pinochet was defeated in the vote to decide the continuity of his government. On that occasion, the "Yes" option obtained 43 percent and the "No" 55 percent, so the President had to call elections for the following year.
Pinochet's firm decision to hand over the presidential command was not broken either by his own will or by the terrorist actions that since 1983 had been accentuated, causing deaths and serious damage to public and private property. President Pinochet was nominated by the Military Government Junta as a candidate to continue as President of Chile for another few years, and a plebiscite was called for the people to accept or reject such nomination. On October 5, 1988, Pinochet was defeated in the vote to decide the continuity of his government. On that occasion, the "Yes" option obtained 43% and the "No" 55%, so the President had to call elections for the following year.
The vote was won, with 55.2 percent of the vote, by Patricio Aylwin Azócar, to whom Pinochet handed over the presidency on March 11, 1990. Nevertheless, Pinochet remained at the head of the Army.
The subsequent free presidential elections were won by the [[Christian Democrat]] [[Patricio Aylwin]] with 55.2% of the vote, to whom Pinochet handed over the presidency on March 11, 1990. Nevertheless, Pinochet remained at the head of the Army.
==Concertación governments==
==Concertación governments==