Heine in Financial Post on Unrest in Chile

November 22, 2019

Amb. Jorge HeineResearch Professor at the Frederick S. Pardee School of Global Studies at Boston University, was interviewed for a recent article on the political unrest in Chile and its implications on Canadian banks. 

Heine was interviewed for a November 22, 2019 article in Financial Post entitled “Scotiabank’s Strategic Foray Into Latin America Hits a Snag With Chile Unrest.

From the text of the article:

There has been a “veritable explosion” in Latin America, according to Jorge Heine, a former Chilean cabinet minister and diplomat.

“I’ve lived in India, I’ve lived in China, I’ve lived in South Africa, and yet the inequality is higher in Latin America, which a lot of people do not realize,” said Heine, who is currently a research professor at Boston University. “We have a real problem and we have to address it.”

“Tremendous progress has been made” in Chile, former cabinet minister Heine said. “Having said that, half of our exports are still in copper.”

“The notion that somehow you have to have this sort of extreme inequality to grow, I don’t quite buy,” Heine said. “It seems to me that if you have a system which is fair … you will have a better country, and in the end, a better-performing economy.”

Amb. Jorge Heine is a lawyer, IR scholar and diplomat with a special interest in fhe international politics of the Global South. He was most recently a Public Policy Fellow at the Woodrow Wilson International Center for Scholars in Washington D.C. ( 2018-2019). He has served as ambassador of Chile to China ( 2014-2017), to India ( 2003-2007) and to South Africa ( 1994-1999), and as a Cabinet Minister in the Chilean Government. 

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