The exclusion from higher ranks was not complete. A consensual formula between the Pinochet and the incoming governments designated the composition of the board of the Central Bank, for example. Both administrations nominated two members; an economist who gave guarantees to both parties was made president. According to the new finance minister, Alejandro Foxley, this solution "was a way of showing the country, the private sector, and the international financial community that the Concertación is committed to the economic stability of the country" (El Mercurio, December 7-13, 1989, quoted in Montecinos 1993, 35).

Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, loc. 1643