• Mon
  • Sep 29, 2014
  • Updated: 8:40am

Dynamic market

PUBLISHED : Friday, 18 September, 1998, 12:00am
UPDATED : Friday, 18 September, 1998, 12:00am

Twenty-four years of market- led reforms have made Chile the most dynamic and promising market in South America.


Economic growth has been maintained for 14 years - and during the last eight years has averaged 6.6 per cent.


An increasingly diversified economy and strengthening ties with buyers and suppliers in Europe, Asia, and the Americas have given Chile a wide range of options for further growth.


In the meantime, prudent economic policies have secured long-term stability not known elsewhere in Latin America.


Chile enjoys both budget and balance of payments surpluses and has sufficient funding to finance growth.


Foreign investment, made easy by Chilean regulations (except regarding short-term investment and purely financial investment), has increased considerably.


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