Moreover, a stable democracy with an effective rule of law has been established. A range of governance indicators relating to both political and economic conditions shows that Chile has caught up with, or even surpassed, OECD averages. Income per capita remains significantly below the OECD average -making sustained and non-inflationary growth an important goal. Between 1986 and 2007, Chile’s income per capita grew at around twice the rate in the OECD area and the income gap with richer countries was reduced substantially.