I think that the most important reform is openness. Once the country is open, really open to the rest of the world, the rest follows.

Sebastian Edwards

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A full transcript is available at www.democracyparadox.com.

Sebastian Edwards is the Henry Ford II Professor of International Economics at the University of California, Los Angeles. He was the former Chief Economist for Latin America at the World Bank where from 1993 until 1996. His most recent book is The Chile Project: The Story of the Chicago Boys and the Downfall of Neoliberalism.

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