Asesoría Tributaria en un Chile cambiante

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jueves, 3 de diciembre de 2015

Diploma Gestión Financiera y Contable @eClassBBSC


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Objetivos del programa

› La Contabilidad y Análisis Financiero, no sólo depende de cada empresa y de cada rubro; sino que está sujeto a los cambios de normativas contables, a los cambios en los ciclos del negocios, y a un sin número de otros factores que lo determinan; de este modo, el objetivo busca preparar a los alumnos para que sean capaces de interpretar los estados financieros, y con ello, tomar las mejores decisiones financieras que permitan a la empresa proyectar un crecimiento sostenido.

› El Diploma busca preparar al profesional en técnicas avanzadas de gestión financiera, costos, presupuestos y política de precios; todas necesarias para el logro de los objetivos empresariales.


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viernes, 21 de junio de 2013

Cómo Competir En El Chile De Hoy -2013- La Moral Del Empresario Chileno -



Hace años atrás (2001-2002 tal vez)  un amigo me invitó a realizar una asesoría muy especial. 


Andrónico Luksic Craig
Se trataba de definir e implementar un nuevo Modelo de Negocios para Luchetti Chile; por aquella época, de propiedad de  familia la Luksic, es decir, bajo la administración del Grupo Quiñenco. 

En esta experiencia laboral conocí a grandes hombres, como Don Andrónico Luksic (II) y a más de uno de sus ejecutivos de confianza, como Don Fernando Pacheco, quien ocupaba el cargo de Gerente General de Luchetti, y para todos los efectos, nuestro jefe.

En honor a la historia, debo mencionar que esta asesoría no habría sido posible sin la gestión de mi compañero y amigo por aquel entonces, Horacio Ríos Domic; por ende, quien participaba como consultor senior del proyecto.

El desafío no fue menor, no sólo por la contingencia de la situación de Luchetti en Perú; sino además, porque tenía todos los atributos que hacen de una organización económica un ente complejo, tales como: una historia de más de 100 años, sindicatos, muchos bancos asociados, cientos de trabajadores, una marca, y una cadena de valor ciertamente de alta especificidad.




Comercial de Luchetti (1992)

Recuerdo bien las horas que me llevó entender el ciclo del trigo candeal, su proceso compra, y su proceso de transformación en las ricas pastas que muchos de nosotros consumimos habitualmente.

Finalmente Luchetti se vendió al Grupo Córpora Tres Montes, y creo que todo salió bien.

No es mi ánimo en este texto, dedicar horas a contar la historia en detalle; sino más bien a contarles qué aspectos de esta experiencia más otras muchas, me permiten concluir CÓMO se puede competir en el Chile de hoy, y ser exitoso.

Sólo para terminar este prefacio, me permito contarles que desde ese momento he seguido la vida empresarial de la familia Luksic, logrando comprender muy bien el origen de su éxito, basado en su trabajo constante, y por sobre todo en su pasión por los negocios exitosos. 

Para los que quieran seguir la biografía de estos tremendos empresarios chilenos, les adjunto algunos link.

Wikipedia: Andrónico Luksic Craig

Wikipedia: Andrónico Luksic Abaroa

Wikipedia: Grupo Luksic


El marco competitivo de las Industrias para este año 2013



La competitividad, está condicionada a la disponibilidad de los factores productivos con los que cuentan las empresas en nuestro país.

En la teoría, los factores productivos son básicamente dos: capital y el trabajo; es decir, los recursos financieros y la mano de obra.

En lo personal creo que a estos factores "teóricos", le deberíamos sumar al menos dos más, como son el agua o bien los recursos naturales; y la energía. Sólo, con el objeto de simplificar y concluir es que trataremos sólo los factores tradicionales.


En relación a los recursos financieros


A pesar del sostenido desarrollo, que ha permitido a la industria financiera chilena estar considerada dentro de las diez economías más sólidas para invertir en el mundo, y primera en la región, estamos lejos de ser una plataforma regional y de recibir inversiones en nuestros portafolios de fondos mutuos, no por falta de competitividad en nuestro performance, sino porque existen desincentivos, como son las barreras tributarias. ¿Quién quiere invertir en Chile para que le retengan un 30%? Por ello, los inversionistas extranjeros prefieren invertir en centros financieros como Hong Kong, Singapur y Reino Unido.

El proyecto Ley Única de Fondos (LUF), que ahora debe ser aprobado por la Cámara Alta, está en línea con los desafíos que Chile debe abordar para aumentar la atracción de inversión. El primero, es contar con una ley que simplifique la formación de portafolios; y el segundo, reducir las barreras impositivas asociadas a las transacciones financieras para hacer del mercado local uno más competitivo. De aprobarse el proyecto, el Fisco no deja de recaudar, sino que potenciaría una recaudación gracias a la dinámica multiplicadora de los fondos que entrarían.

Sin ir más lejos, en los últimos años, Colombia y Perú han capturado el interés de importantes holdings financieros -inclusive de capital chileno- y han sabido responder con rapidez, modernizando sus marcos regulatorios para volverse más competitivos. Con el objetivo de impulsar su industria, Colombia ha realizado diversos cambios normativos, lo cual ha complementado con modificaciones tributarias que potencian el ingreso de capitales extranjeros. Por otra parte, Perú se encuentra  modificando el Reglamento de Fondos Mutuos y sus Sociedades Administradoras, con lo cual pretende profundizar su  mercado, ampliando sus redes de distribución y la oferta de productos.

Actualmente, Chile es la tercera economía en términos de inversión de portafolio en Latinoamérica (con un 14% de activo sobre PIB después de Brasil), pero de no aprobarse la LUF, Colombia y/o Perú pueden fácilmente desplazarnos, y con ello dejaríamos de aspirar a convertirnos en una exportadora de servicios financieros y de administración de fondos.

El proyecto, que busca fomentar el potencial de la industria local para promover la competitividad e internacionalización de los actores desde Chile, a su vez  permitirá disminuir la fuga de capital chileno que hoy tiene como destino otros países de la región (por ejemplo Perú y Colombia) y centros financieros mundiales. Además, otorgará mayor grado de flexibilidad para poder ofrecer un mejor servicio y una mayor gama de productos a las personas, todo esto, en un marco institucional que compatibiliza la debida protección del inversionista con el resguardo de los principios de competencia, equidad y transparencia.

Por todo lo anterior, la Ley Única de Fondos no es sólo una oportunidad para que Chile avance hacia una nueva etapa y para alcanzar el potencial de desarrollo en su mercado de capitales, sino también es la condición mínima para hacer frente a la amenaza latente de perder terreno en la región.

En relación al recurso mano de obra


Chile hoy tiene una plataforma legal que favorece la estabilidad laboral, el respeto y las buenas condiciones laborales; sin embargo, el ritmo de crecimiento poblacional, unido a los desajustes en productividad, también han favorecido la llegada masiva de inmigrantes.
El gran momento económico de Chile hace que cientos de extranjeros vengan a buscar oportunidades de trabajo.

La estabilidad laboral que tiene hoy nuestro país es el principal factor para que cientos de inmigrantes vengan en búsqueda de una estabilidad económica.


La minería, el comercio y los servicios son las principales áreas que están captando la mano de obra de ciudadanos de otros países. Según el ministerio de Relaciones Exteriores, las visas de trabajo en nuestro país han aumentado un 900 por ciento en los últimos 5 años.

Es por este motivo que el ministerio de hacienda ya trabaja en la elaboración de un nuevo proyecto de inmigración, con el objetivo de atraer nuevos talentos. 

No obstante la llegada masiva de extranjeros, la incorporación de una política profunda, se hace indispensable para muchos sectores que hoy no pueden avanzar por no disponer de la mano de obra necesaria; tal es el caso, de la agricultura en Chile, que se juega la suerte de desaparecer, si la pérdida de competitividad se hace crónica.

Otros sectores, proyectan serias dificultades para consolidar su crecimiento; a menos que se de una solución estructural al problema de la escasez de mano de obra. Tal es el caso de la minería en Chile.


La últimas cifras publicadas en Chile por el Instituto Nacional de Estadísticas hablan de una tasa de desempleo del 6.6% a nivel nacional, niveles históricos en términos del bajo desempleo en el último semestre del 2012, cifra que se ha mantenido en torno al 6.5%. En tanto, en el sector construcción, la preocupación radica en encontrar gente disponible para trabajar en el área. Las cifras del trimestre abril-junio, revelan una ocupación de 625.000 personas sólo en el sector de la construcción, en un contexto en que históricamente el tamaño de este sector se estimaba en torno a las 600.000. Esto supone que el sector está creciendo y atrayendo gente que no se declaraba perteneciente a él, fenómeno que se condice perfectamente al visitar obras, en que no es novedad encontrar extranjeros e incluso mujeres en faenas de terminación, pintura, y labores de aseo. INE.

Lo cierto, es que somos un país largo y angosto, con relativamente poca población.

Cuáles son los aspectos que se consideran a la hora de evaluar competitividad de Chile?


Haremos mención a la reciente evaluación del  INSTITUTE FOR MANAGEMENT DEVELOPMENT (IMD), respecto a la competitividad de Chile, la cual arroja una caída de cinco lugares en relación al 2009 (ver artículo completo aqui)

Los aspectos que se evalúan para esta conclusión, son:


Los aspectos en detalle evaluados fueron: Economía Doméstica, Comercio Internacional, Inversión Internacional, Empleo, Precios, Finanzas Públicas, Política Fiscal, Marco Institucional, Legislación de Negocios, Marco Societal, Eficiencia y Productividad, Mercado Laboral, Finanzas, Prácticas de Administración, Valores y Aptitudes, Infraestructura Básica, Infraestructura Tecnológica, Infraestructura Científica, Ambiente y Salud, y Educación.

Los cambios que justificaron principalmente la caída de este indicador de competitividad de Chile, respecto del mundo; fueron la eficiencia en los negocios, por la caída en la evaluación de la legislación en los negocios y los aspectos laborales; y el ámbito de la infraestructura (falta de inversión, tal vez?).

Concentrando la mirada en los dos aspectos donde se centralizan las flaquezas, sobresale el declive de la eficiencia en los negocios, que cayó nueve lugares respecto del año anterior, donde el componente de "prácticas de Administración" continúa siendo un aspecto especialmente débil (46º). Aquí se encuentran variables como responsabilidad social empresarial, satisfacción del consumidor, emprendimiento, credibilidad de los gerentes y preocupación por el medio ambiente, entre otros. Parece evidente la mala nota.

Donde se recibe la peor calificación -infraestructura- las variables que suscitan dicha valoración son especialmente la infraestructura científica y la educación, que se llevan los peores resultados situándose en un ranking muy bajo, al igual quemedio ambiente, salud e infraestructura básica. No es de extrañar, entonces, que las recomendación del IMD se concentre en mejorar dichos aspectos, especialmente la educación y la salud pública, la oferta energética y un mayor desarrollo del I+D.

En tanto, el último Global Competitiveness Index 2012-2013 (fines del 2012), que elabora el Foro Económico Mundial (WEF), dice más o menos lo mismo: Chile ostenta el puesto 33 entre 144 economías y sigue siendo la más competitiva de América Latina; marco macroeconómico sólido (14), bajos niveles de deuda pública (10), presupuesto con superávit (21), sustentan un buen nivel.Sin embargo, aparecen mencionados los mismos problemas del otro informe: la calidad de su sistema educativo (91), uso de las TIC (57) y el I+D investigación e innovación nacionales (44).

Una Rica Manzana
Es claro el nivel de las falencias. Abordarlas no es sólo tarea de los políticos. Junto con revisar los temas estructurales de funcionamiento de la economía, como el tipo de cambio y la poca diversidad de las exportaciones y del aparato productivo, entre varios; debemos poner atención en las mismas cosas que están permanentemente en la agenda: salud, educación, investigación universidad-empresa. Que no ocurra que no seamos capaces de dar el salto al desarrollo por no hacernos cargo de nuestras debilidades.

Ideas concluyentes: los aspectos de "la moral" del empresariado Chileno


Para los que analizamos estos eventos, como si se trata de una película de ficción; sin duda nos quedamos con un sabor amargo;  ya que curiosamente, los factores productivos que presentamos, en su estado actual; capital y trabajo, pareciera que no son las razones del por qué Chile pierde espacios en el mundo.

En esta reflexión, logro comprender por qué las empresas del conglomerado Quiñenco, no aparecen en las listas de aquellas que no cumplen. Han sido otras, las que finalmente irrumpen en la vida de los chilenos, cuales dueños, amos y señores. Todo lo contrario, esta familia Luksic innova cada día, como si quisieran administrar buenamente el destino de un país, como si quisieran que en sus lápidas algún día sus contribuciones quedaran. Demuestran cada día a través de sus éxitos empresariales, su respeto por las personas, por el medio ambiente y por sobre todo, por el marco legal que rige nuestro país.

Una Manzana Podrida


Entonces, hoy para tener éxito, para lograr contribuir a la sociedad a través de la forma más eficiente y creativa de gestionar los recursos, es bajo un marco moral que le garantice a la sociedad que este empresario o directivo protegerá lo más sagrado que puede tener un pueblo, cual es su honra, su espíritu; finalmente, su dignidad.

No existe justicia, para el costo que le ha significado al país los problemas acaecidos en algunas empresas e instituciones. No existe multa posible, que los empresarios y directivos inescrupulosos puedan pagar.

________________________________________________


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jueves, 24 de enero de 2013

La Educación En Chile


LA EDUCACION EN CHILE NO RESPONDE A LAS EXPECTATIVAS

Education in Chile, does not meet the expectations

Evidenciar las razones de este diagnóstico, es un desafío trascendente para nuestra sociedad, y por ello, el presente documento intenta entregar un aporte al debate.

As Hayek has sustained, social phenomena are extremely complex. This complexity should make us cautious in most public policy objectives. However, in most cases the contrary occurs, especially in those areas in which empirical research and, therefore, an understanding of social phenomena, are severely limited. Ignorance seems at times to create an attitude of illuminism, instead of prudence. Therefore, certain policies are followed with exaggerated conviction although they have not been appropriately tested, or they require an institutional framework that is not in place when they are implemented.

This approach is quite frequent in education. Although there is good research in this case1, overall, the research that has been done lacks enough strength to influence educational policy. Mainly because some studies contradict each other, or the quality of the data prevents any strong conclusions from being reached. Hence, there is no consolidation of widely shared empirical regularities like what occurs in other fields of social research or, even more frequently, in the field of natural sciences.

Such scenario leaves in my opinion little room for centralized policies. If they are wrongly designed the costs for the whole educational system may be enormous. The decisions should be left to elementary and high schools or, in general, to local communities. Most of the knowledge required to generate an effective education is local in its origin. The evaluation of teachers is such a case.2 However, Chile recently took teacher evaluation outside the school's scope in what constitutes a clear example of the incorrect approach underlying the Chilean educational policy.

In what follows I will suggest a very basic approach to Chilean educational policy that is usually forgotten: those ultimately responsible for improving the learning of students are the schools. Accordingly, schools must be held accountable for their results. For this to happen, an institutional framework that generates that accountability is required. The creation of such a framework is the main challenge for Chilean educational policy.

In The Present

Levels Of Education

The levels of education in Chile are:
  • Pre-school: For children up to 5 years old, optional for 1 grade.
  • Primary school: (Enseñanza básica) for children from 5-13 years old, divided into 8 grades.
  • Secondary school: (Enseñanza media) for teenagers from 13-18 years old, divided into 4 grades.
  • Secondary school is also divided into:
    Scientific-humanities approach: From Tercero Medio (11th grade) in high school, students can choose a major in either science (math, physics, chemistry, biology), or humanities (literature, history, sociology), which means they will get more lessons in the area of their choice.
     Technical-Professional education: Students receive 'extra' education in the so-called 'technical' areas, such as electricity, mechanics, metal assembly, etc. This second type of education is more typical of public schools (Liceos), to give students from poorer areas a chance to work right away after completion of highschool, as a way to fund a possible higher education career later.

  • University: a system divided in public or 'state' universities and a private system.

Primary and Secondary School
According to the constitution, primary and secondary school are mandatory for all Chileans.
 
The Chilean state provides an extensive system of education vouchers,  that covers almost 90% students of primary and secondary education. Such extensive voucher system is based in a direct payment to the schools based on daily attendance; in practical terms, if the students moves to a different school, his attendance payments move too.
 
Schools are either public (nearly all owned by the municipality in which the school is located) or private, which may receive government subsidies.

Basic
 
The reform of 1965 established Basic Education as the initial cycle of schooling. Before that, by 1920, the Chilean legislation had established 4 years of minimum mandatory education. By 1929 the minimum had been increased to 6 years. Finally, in 1965 a compulsory Basic Level of 8 years was established, divided in 2 cycles and 8 grades, ideally designed for ages 6 to 13.

Secondary
 
The Secondary School is divided between Scientific-Humanist (regular), Technical-Professional (vocational) and Artistic, always with a duration of 4 years. The first two years are the same for the three kinds of schooling, while third and fourth years are differentiated according to the orientation of the school.
 

The schools offering Technical-Professional programs are denominated:
 
Industrial Schools: electricity, mechanics, electronics, informatics, among others.
  • Commercial Schools: management, accountant, secretary and similar.
  • Technical Schools: fashion, culinary, nursery and the like.
  • Polyvalent Schools: offering careers of more than one of those listed above.
Compulsory only reached the 8 years of the Basic Cycle, but since May 7th of 2003, a constitutional reform under the government of the president Ricardo Lagos, established free and compulsory Secondary Education for all the inhabitants of Chile up to 18 years old, placing on the State the responsibility of ensuring access to it. This ensures thirteen years of compulsory schooling, which was an unprecedented milestone in Latin America that date. As of 2008, the LGE (Ley General de Educación), which is currently pending, provides and guarantees 14 years of free compulsory education.
 
The coverage of the Chilean Educational System is practically universal, like in most highly developed countries, showing enrollment rates that represent that reality.


 
Enrollment in Basic Education reaches 99.7% of children between 6 and 14 years, while the coverage of secondary education enrollment is 87.7% of adolescents between 15 and 18 years.

Educations Costs

Public schools and subsidized private schools with voluntary tuition may charge a fee for the admittance process, which is fixed by law. The fee's cost was CLP$3.500 in 2008 (less than US$7). The annual price of enrollment is zero for primary school and cannot be higher than CLP$3.500 for secondary school. A tuition fee may be charged only in secondary school, but it is completely voluntary for the parent.
 
 
Subsidized private schools with mandatory tuition have the same admittance and annual enrollment costs as in public schools, but they are allowed to charge a mandatory monthly tuition which cannot be higher than 4 USE (Education Subsidy Unit). This was equal to CLP$60,748.86 in 2008 (about US$116).
 
Private schools are free to set what they will charge, which may include, admittance, enrollment, tuition costs, as well as a fee for being selected into the school (paid once, and can be quite high in some exclusive schools) and a payment to the so-called Parent Center (Centro de Padres).
 
There is a third type of public school, the so-called Delegated Administration schools, which are owned by the State but managed and financed by private corporations. These cannot charge for admittance and the annual enrollment cost is the same as in public schools. They are allowed to charge for tuition, but this is wholly voluntary for the parent.

The cost is 1.5 UTM (Monthly Tax Unit) annually, which was CLP$451,824 (less than US$865) in 2008.
 

There is a fourth type of public school, administered by the Ministry of Education and completely financed by the State. Currently, there is only one such school: Escuela Villa Las Estrellas in Antártica.

Admission To University

Students can choose between 25 state universities and over 50 private ones, which are increasingly growing in number.

There is one single and very transparent admission system to all state universities and to several of the oldest private universities, which integrate the so called Council of Rectors (Consejo de Rectores). The system, called PSU, an acronym for Universitary Selection Test (Prueba de Selección Universitaria), is very similar to the U.S. SAT Reasoning Test.

The design and the correction of the test is performed by the University of Chile, while the system itself is managed by the Ministry of Education (Ministerio de Educación).
 
The test consists in two mandatory exams, mathematics and language, plus several other specific exams, like chemistry, physics, biology, history, etc., depending on what career the student wishes to apply. The cumulative grade point average achieved during secondary school is also taken into account in the final admission score. Every university assigns different weightings to the results of the various exams.


 
 


 

There is a big gap in PSU scores between poorer students, mostly coming from public schools, and more wealthy students, specially those coming from private schools, therefore, poorer students have much smaller chances to enter the most prestigious universities, which hold high entry scores. The most talented poor students, those who achieve high PSU scores, can obtain up to 100% of scholarship from the Government, plus, several universities have their own scholarship programmes to assist poorer students, though funds are insufficient. For students who obtained high enough scores to enter a public university or to an accredited private university, there is a system of government backed loans which is offered through several commercial banks, but the amount and terms of the credits not necessarily fit the needs of the students.


 
According to media and official statistics, in 2006 a total 241,390 students took the PSU test. The year 2012, 231,115 students took the PSU, which means a drop of 7.8% from the total number of students that occurred in 2011.

In this process, 19,628 young people from the promotion did not undergo the test despite being registered. Of these, 73.8% owned by municipal schools, which corresponds to 14,504 people.
 
Compared to last year, there was a fall of 16.5%. This means that by 2011 there were fewer enrollees who did not perform the test in contrast to the assessment of this year.
 
Absenteeism can be explained by the shots and strikes of 2011, explained the Director of Demre, Ivan Silva. "There was a sharp increase from enrolling and give no evidence of municipal schools. Attributable One factor is due to the demonstrations."

The universe of young people who took the PSU and that today can begin to apply to colleges, 31.7% belong to public places, 52.4% to subsidized private establishments and 10.6% in private schools.
 
Program Overview

In the Chile: Education and Social Change study abroad program, students examine the powerful relationship between education and social change and the ways in which educational politics, strategy, and pedagogy influence society in Chile and Argentina. Students engage in rigorous academic coursework and research on the educational systems in urban and rural areas in Chile, and observe first-hand the application of popular education as a tool for social change. 

The program offers students the opportunity to interact with prominent academics, policy makers, activists, and nongovernmental organizations (NGOs) to gain a panoramic understanding of the forces affecting Chile educational policies. Students also observe the intercultural dynamics between the Chilean government and the Mapuche, the country's largest indigenous group, and participate in homestays with families in Santiago, the Mapuche region. Intensive Spanish language study and educational excursions throughout the semester improve students' communication and field study skills while also immersing them in the rich cultures of Chile.

Mobilization And Innovation 

The program's base in Santiago, Chile, provides students with a dynamic social and political environment in which to study education and social change. Chile's capital, Santiago was the focal point of protests involving high school students seeking education reform in 2006. These protests, which mobilized nearly a million people, underscore the importance of education for the Chilean populace as well as the controversies surrounding education funding, content, and distribution. Chile has a long history of sustained governmental engagement in educational policymaking and implementation as well as innovation in educational approach and delivery, and these protests reflected the difficult transition from the educational mandates of a dictatorship to the progressive ideas available in a democracy.
Within this socially active atmosphere, students interact with local schools, community organizations, and their homestay families to gain multiple perspectives on education and its impact on society. As part of their field study, students participate in observation activities in a selection of schools around Santiago, thereby gaining first-hand insight on the workings of public, private, voucher, underprivileged, coed, and single sex schools.

Students will also explore Chile's complex political history by conducting educational excursions to places such as the Parque por la Paz, which served as a secret detention center during the military dictatorship of Augusto Pinochet, which began in 1974 and lasted for almost 17 years. Students travel outside of Santiago and conduct field studies in Valparaiso and Temuco, Chile to compare regional and national differences in educational systems and community involvement with, and influence on, educational reform.
 
A Debate On The Quality Of Education

Chile has increased significantly its spending on education, going from 2.5% of GDP in 1990 to an estimated 4.4% this year. A possible relationship between spending and the quality of education. It suggests that the relationship between spending per student and academic performance is not unique.

The adoption of an "educational technology". Investment in "educational technology" in the classroom, is an important consideration for assessing the academic results from SIMCE and PSU exams. It has failed to show that establishments that have made ​​improvements in the technological tools for students, achieve results far superior to those who have not advanced in this line.
Of course, it is unreasonable to expect immediate change. Changes are rather the fruit of perseverance and educational efforts. But even so, there is no information to predict that such perseverance will result in significant progress over the coming years. There is a relatively high inertia in the performance of the country's schools. In general, schools that earned goods results on the Simce 6 years ago did so again in 2002, while those that did poorly at that time did poorly again. Only a few schools managed to revert their "initial situation."

Moreover, international comparisons suggest that Chile's performance is lower than what its per capita income or educational spending would allow (cumulative or contemporary), by magnitudes that run from 0.18 to 0.36 standard deviations in academic performance.

Reveals that weak academic performance is quite generalized in Chile. It is comparable to the performance in mathematics for countries with a lower per capita income, where there is less spending on education as well as high inequality (although certainly not as high as in Chile) for each percentile in the distribution of performance. This means that educational standards are low across the entire educational system. This must not lead us, however, to error. Lower income youths are more harmed by an education where there is less learning. Of the fourth grade students who are in the highest decile of academic performance, 27.3% come from paid private schools although they account for only 10% of enrollment. That proportion rises to 33.1% in 8th grade and to 44.3% by the junior year in high school. The "initial advantage" of students that go to private schools is clearly strengthened. Said crudely, the government-financed educational system destroys talents in children of lower socioeconomic levels, and efforts must be redoubled to avoid that situation.

What Is The Challenge?

Since we have said that the main deficit of the Chilean educational system is its lack of quality, it is indispensable to advance in the development of an institutional framework that unequivocally ensures that such an objective gains force in the allocation of resources.
 
What makes an educational system move to a higher curve? The truth is that there is no simple answer. As we said earlier, comparative research does not provide very conclusive answers. We know, however, that an educational system would be lame if the players (students, teachers and authorities, among others), felt no pressure to achieve a good academic performance. In order to achieve this, those schools must be held accountable to the community for the academic results of their students. Few structures are capable of meeting these requirements. State intervention in education must not limit the autonomy of educational establishments, nor alter their incentives to provide quality education. If this is accepted, educational programs directed by the Ministry of Education have no place. Schools must choose the combination of educational inputs most appropriate to their objectives and be accountable for their results. In this scheme of things, the job of the Ministry is to facilitate inputs and ensure that there is no rigidity preventing schools from choosing the combination of inputs they deem most suitable. This is far from what has occurred in Chile. The educational environment is not designed to make schools feel pressure to do well, and the educational authorities play an undeniable role of pedagogical managers where the focus is, moreover, basically on processes and very little on results.

Progress in decentralizing the educational system, handing over government schools to municipalities and deregulating the supply of schools; and the change in the way that education is financed to a per-student subsidy were all, at the time, changes in the right direction. However, among other design problems, no system was created that informed parents of how schools were performing. Only in 1995 was a reporting system implemented for the results of the Simce test. However, the information must be more precise, clear and hopefully provided directly to parents. The reports that many American schools are sending to families are a model to imitate.
 
The financing system also has serious design problems, including the fact that the subsidy assumes that the cost of providing education is unrelated to the socioeconomic situation of students. In turn, the "municipalization" of education has not yielded the expected fruits. In part because of the lack of information about schooling performance, but also because in many municipalities, the levels of centralization existing when the schools were run by the government were replicated and even exacerbated. Many of the municipal schools therefore lacked a minimum of autonomy to implement educational projects. Also important is the fact that the quality of education is not necessarily one of the priorities of mayors. Moreover, students often change from one municipal school to another, so there is no impact on municipal finances. This dilutes the incentives to improve the management of municipal schools.Lastly, nearly 20% of the boroughs in the country have no private schools. Another 40% face a very limited competition from the private sector.
 
The design problems affecting the educational system have been aggravated in recent years, instead of being corrected.10 Also of influence is a deeply rooted belief that teachers will be incapable of dealing with the current educational challenges. The Ministry acts as if they believe they would be a bottleneck impossible to overcome, which is why the Ministry has wanted to guide the educational process. But there is no evidence that this is truly so. A significant dispersion in the results of subsidized private schools and municipal schools in each of the vulnerability groups established by the Ministry of Education. It follows that there is no material justification for those ministerial apprehensions. It could be argued that the schools with good results keep only good students (which is what teachers usually argue), but there are no differences in the dispersion of results within good and bad performing schools, so there is no evidence in favor of such claim.
 
It is the schools themselves that must deal with the challenges imposed by greater accountability for results. One of the greatest challenges in developing institutions that pressure schools to do well, is dealing with the teachers labor statute and the rigidities due to the municipalization of education. One possible road is to allow parents to "intervene" municipal schools where performance is weak. This intervention could occur, for example, whenever a municipal school obtains results below the national average or in the lower third of performance.

The majority (or two-thirds of parents) must back that decision in order to make it a reality. Operationally, the management of the school would be left to parents. They can appoint a new principal. The administrative staff and teachers would lose some of the privileges conferred by the teachers labor statute, in particular tenure. In this scheme of things, the labor statute is a "benefit" that continues only if the results of the schools are good.

Otherwise, the benefits are forfeited to the parents of the children attending those schools.

Conclusions

I have discussed a central issue in the development of Chilean education, but it is far from being the only one. Educational issues do not stop here. Yet I believe that if we do not take this fundamental step, dealing with many of those other issues will not yield the expected fruits. Schools more accountable for the academic results of their students are indispensable if one wants to create a virtuous educational dynamic. Of course, it also involves risks. Schools may displace students with low results in order to show quick progress, but there are ways to minimize these risks. Lastly, the potential benefits of a more accountable and transparent educational system are so significant that it is worth taking that risk no matter what. There are, of course, alternatives to explore and imagine, but the important thing is to start trying out alternatives right away that will help us effectively rise to a trajectory in which spending on education is more fruitful than what it has been thus far.

References
Aedo, C. y C. Sapelli (2001), "El sistema de vouchers en educación: una revisión de la teoría y la evidencia empírica para Chile" Estudios Públicos, Otoño N° 82, pp. 35-82.        
Beyer, H. (2000), "Entre la autonomía y la intervención: las reformas de la educación en Chile" en Felipe Larraín y Rodrigo Vergara, eds., La Transformación Económica en Chile, Santiago: Centro de Estudios Públicos.     
Beyer, H. (2003), "La búsqueda de una educación de calidad", Estudios Públicos, por aparecer.        
Beyer, H., Eyzaguirre, B. y L. Fontaine (2001), "Reseña al libro La Reforma Educacional Chilena", Perspectivas en política, economía y gestión, Vol. 4 N° 2, pp. 289-314.        
Eyzaguirre, B. y C. Le Foulon (2001), "La calidad de la educación chilena en cifras", Estudios Públicos, Primavera N° 84, pp. 85-204.     
Heckman, J. y P. Carneiro (2003), "Human Capital Policy" National Bureau of Economic Research, Working Paper Series N&° 9495, febrero.        

* Centro de Estudios Públicos, Chile. Email: hbeyer@cepchile.cl
See, for example, the papers included in "La Economia de la Educación y el Sistema Educativo Chileno," Cuadernos de Economía, December 2002, Volume 39, No.118, edited by Claudio Sapelli.
See, for example, Heckman and Carneiro (2003).


Claudia Valdés Muñoz

@MonitaClaudia




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