UN General Assembly
1994

certain that, together with the other countries of Latin America and the Caribbean, Chile will continue to advance along the path of political stability, democratic institutionality and respect for human rights. Our recent economic experience has been successful. Since the return of democracy we have had an average annual growth of more than 6.5 per cent with a very low unemployment rate and controlled inflation. On the basis of these facts the Government has formulated an ambitious modernization strategy focusing on three main areas: education and training, development of infrastructure, and modernization of the State. The reforms in education seek to respond to the need for effective and creative integration of young people into society, and to meet the challenge of competitiveness. The changes in the functioning of the State entail a special concern for ethics and probity in the exercise of power. Attainment of these priorities should enable us to raise our productivity and increase our capacity to compete in international markets in the context of a growing open economy. We are concerned at the