"According to Cynthia Arnson, director of the Latin American Program at the Woodrow Wilson Center for International Scholars, Bachelet's educational and tax reform efforts are the most significant parts of her plan.

"The education reform respond[s] to the [Chilean] student protest movement that started staging large demonstrations several years ago protesting the high level of student debt and the lack of access to quality public education. So that's a key one," Arnson said.

"The tax reform, which is likely to pass and has already passed one of the houses of congress, is also critical to address the levels of inequality in the country, and also to finance some the ambitious reforms that have been contemplated.'"

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