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Instability will follow presidential run-off in Chile


 Significance
 Gabriel Boric, on the left, and Jose Antonio Kast, on the right, represent very different paths forward as Chile grapples to understand and respond to the wave of social protests that swept the country in late 2019.
 
 
 Impacts
 After three decades dominating politics, the centre no longer has effective leadership.
 For either candidate, fiscally unsustainable measures will be an important temptation. 
 The absence of clear majorities in Congress could prompt virtuous agreements or a vicious circle of legislative paralysis. 
