The central role of economic elites in shaping public policy in Latin America has become increasingly clear. Yet most of the recent literature on the subject focuses on democratic contexts. This paper analyses pension privatisation in Chile as a case study for improving our understanding of business–state interaction in authoritarian contexts. Globally, the 1981 pension reform carried out during the Pinochet dictatorship became an example for pension privatisation elsewhere. Analysis of the policy-making process, based on novel empirical material, shows that from 1973 financial groups accumulated growing power which enabled them to first (a) defeat their opponents within the economic elite, (b) overpower their rivals within the state and, finally, (c) force Pinochet into passing pension privatisation legislation. Our results stress the need to include the study of different actors’ power resources – along with ideological issues and the regime structure – in attempts to understand the outcome of policy processes in authoritarian contexts.

This article contributes to broader discussions of early Latin American nation-making by focusing on the interplay among territory, sovereignty and human movement in nineteenth-century Central America. How did early Central American nations create sovereign spaces? And how did human movement in turn impact the meanings of bordered spaces? Drawing from constitutions, legal codes and archival documents related to the implementation of migration laws, the central argument of this article is that Central American governments typically treated free migration not as a threat to sovereignty but as an opportunity to reinforce sovereignty over the fixed spaces through which people moved.

This article explores the financial and geopolitical networks behind the independence of Gran Colombia. It shows that the failure to obtain official British government support for independence was compensated for by the development of a network of private individuals and partnerships that supplied large quantities of arms, equipment and men. A Colombian government document granting ‘Powers’ to London intermediaries was crucial to the construction of this network. We analyse who the key players were and how the network operated. By exploring the decisions and actions of merchants through the lens of risk, trust, credit and networks, we provide a fresh insight into the wider process of independence in Gran Colombia.