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The objective of this work is to analyze the relationship between the World Bank and the Chilean Government regarding the State reform, in a double perspective: the evolution of the WB’s strategy toward Chile; and the evolution of the Chilean Government's strategy toward this organism. The analysis shows that the WB adapts its intervention strategies in the countries, according to the institutional, political, and financial conditions of each case. At the same time we show how the Chilean Government builds its reform agenda, and how certain financial and political conditions allow it to use the WB resources in a strategic way. In this way, the change of the WB to a strategy more centered in assistance and technical cooperation happens towards the end of the 1980s, as a result of the Chilean fiscal situation and of the reform strategy that the successive Governments have been building.
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