Course summary (Business in Chile):
Since 1990, the Government of Chile has implemented public policies to
promote and consolidate
businesslike and responsible macroeconomic management, economic openness and
international integration (APEC,
Mercosur, Andean Community ...), steady institutions and a
equitable society in which all Chilean can
enjoy the benefits of economic development.
- In the Global Competitiveness index (World Economic Forum)
the Republic of Chile took 28th position out of 134 economies.
- Chile is one of the lowest-risk countries
of the world (Economist Intelligence Unit).
- Corruption perceptions index of the Republic of Chile
obtained a score of 6.9 (Transparency International).
- Chile is Member of APEC.
- Chile holds 3th place
among the 10 most successful Latin American and Caribbean countries in attracting
Foreign direct investment (FDI)
(UNCTAD)
The Economic growth of the Republic of Chile has been followed by a
severe drop in public debt,
the stabilization of foreign accounts of Chile and an increase Chilean international reserves.
These competitive advantages of the Republic of Chile are reinforced by his open economy that has meant greater competitiveness, growing International trade and fast integration into global markets.
The modern Chilean telecommunications systems, the competitive banking
sector, the good public infrastructure, the high-quality services and the
accessibility of skilled
workers are top factors to attract Foreign direct investment.
Between 1990 and 2008 the Chilean economy grew at an average annual rate of 5.8%.
The Republic of Chile was among the 30th most dynamic economy of the world.
Example of the course: doing business in Chile:
Chile has borders with Peru (160 kilometers, Concordia Line),
Argentina and
Bolivia.
The Republic of Chile has a population of 17 million people (2010).
Source: Foreign direct investment (FDI) Committee - Santiago - Chile
