Chile's Military

From this week's issues of the Economist:

Chile's Army seeks to bury its murky past

Thanks to record prices for copper, Chile’s main export, and an odd arrangement (predating Mr Pinochet) under which Codelco, the state copper producer, transfers 10% of its export revenues (amounting to $1.4 billion last year) to the armed forces for capital expenditure, there has been money to spend. The finance ministry has the last word, but the army has been able to shop extensively, with acquisitions including German tanks and better electronics. Today, Chile’s is the most modern and best-equipped army in Latin America, says Armen Kouyoumdjian, an adviser to the Stockholm International Peace Research Institute.