The document summarizes three waves of education reform in Chile from 1980-1996. The first wave in the 1980s under Pinochet focused on decentralization, privatization, vouchers, and standardized testing to promote efficiency. The second wave in the 1990s under Socialist governments aimed to improve quality and equity by targeting resources to low-income students, improving teaching quality, and increasing teacher salaries and autonomy. The third wave from 1996 expanded the school day, implemented a new curriculum, supported innovative secondary schools, and provided incentives to improve teacher professionalism to boost performance across all areas.