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In this conference, José Piñera explains that Latin America is a region with great potential and capacity to combat underdevelopment and poverty. However, the reality of the economic and social crisis that has occurred in recent times has been the result of impoverishment caused by the poor management and perception of its rulers, coupled with discouraging comments from those who say that it lacks the capacity to create wealth. Piñera proposes some keys to get out of underdevelopment, citing examples of the economic achievements in Chile, which has placed itself as the fifth country with the greatest economic freedom in the world.