LATIN AMERICA ADVISOR

LATIN AMERICA ADVISOR

A daily publication Of the dialogue

September 2, 2022

Would Reducing Workweek Hours Be Good for Chile?

The government of Chilean President Gabriel Boric is pushing legislation to reduce the number of hours in the workweek. // File Photo: Chilean Government.

Q

A

Rodrigo Sanhueza, partner at Dentons Larraín Rencoret in Santiago: “The most important details of the legislation are first, a gradual reduction of the workweek, from 45 to 44 hours in the first year of publication of the law, from 44 to 42 in the third year and from 42 to 40 hours in the fifth year; second, it includes a reduction in part-time work from 30 to 27 hours per week; and third, it would allow deferred start and end times for working parents who have school-age children in their care. The legislation stalled in Congress because it was presented by lawmakers who were at the time in opposition to the government. There are differing opinions on the measure’s effect. The government says the bill’s implementation should be gradual and that the measure will benefit more than four million workers, improving their quality of life. Chile’s treasury assures that ‘countries with even shorter working hours are among the most productive economies in the world.’ Nevertheless…”

Top News

Ecuador Begins Regularization of Venezuelan Migrants
Ecuador began a process of regularizing the immigration status of thousands of Venezuelans who have arrived in recent years.
YPF, Petronas Sign Deal for LNG Plant, Pipeline
Argentine state-owned oil company YPF and Malaysia’s Petronas on Thursday announced the signing of an agreement to construct a liquefied natural gas, or LNG, plant and transportation pipeline.
Argentine VP Survives Attempt on Her Life When Gun Jams
Argentine vice president, and former president, Cristina Fernández de Kirchner survived an assassination attempt Thursday night when a loaded gun was pointed at her face but apparently jammed.

Complete editions of the Latin America Advisor are delivered on a biweekly basis to members of the Dialogue’s Corporate Program and other subscribers. Sign up below for a free complimentary preview subscription.

ABOUT THE LATIN AMERICA ADVISOR

The Inter-American Dialogue publishes the Latin America Advisor every business day for a distinguished membership of informed corporate leaders, scholars, and government officials invested in Latin America’s development and future. The Advisor‘s highly regarded Q&A section covers questions submitted by subscribers themselves. Commentators regularly include heads of state, business leaders, diplomats, economists, analysts, and thought leaders from around the world. Many of the world’s largest and fastest-growing companies subscribe to the Advisor. To subscribe, click here. For terms and conditions, click here. For more information, contact Gene Kuleta, editor of the Advisor, at gkuleta@thedialogue.org.

Subscribers

Staff

Gene Kuleta
Editor
P. 202.463.2920
E. gkuleta@thedialogue.org

Carl David
Goette-Luciak
Reporter

Nili Blanck
Reporter

board of advisors

Diego Arria
Director,
Columbus Group

Merike Blofield
Professor of Political Science,
University of Hamburg

Devry Boughner Vorwerk
CEO,
DevryBV Sustainable Strategies

Joyce Chang
Global Head of Research,
J.P. Morgan

Marlene Fernández
Corporate Vice President for Gov’t Relations,
Arcos Dorados (McDonald’s)

Peter Hakim
President Emeritus,
Inter-American Dialogue

Donna Hrinak
Director,
Adtalem Global Education

Jon E. Huenemann
Council Member,
GLG Inc.

James R. Jones
Chairman,
Monarch Global Strategies

Craig Kelly
Senior Director,
Int’l Gov’t Relations,
Exxon Mobil

Barbara Kotschwar
Professor of Political Economy,
Georgetown University

John Maisto
Director,
US Education Finance Group

Nicolas Mariscal
Chairman,
Grupo Marhnos

Thomas F. McLarty III
Chairman,
McLarty Associates

Beatrice Rangel
Director,
AMLA Consulting

Ernesto Revilla
Head of Latin American Economics, Citi

Gustavo Roosen
President,
IESA

Andrés Rozental
President, Rozental &
Asociados

Shelly Shetty
Managing Director,
Sovereigns, Fitch

Subscribe To
Latin America Advisors

* indicates required field

The Inter-American Dialogue Education Program

SUBSCRIBE TO OUR NEWSLETTER / SUSCRÍBASE A NUESTRO BOLETÍN:

* indicates required