Article: Chile Leads The Latin Pack
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Chile Leads The Latin Pack
Everyone's talking about China. Don't miss the opportunities in Chile.
Yes. Chile with an "LE" not "NA"
While the whole region is back in favor with investors, it seems appropriate to highlight Chile which is the economic star of Latin America.
Chile is about two times the size of Montana and has an incredible coastline of 2,650 miles. While only 3% of its land is arable, it has an amazing variety of climates and rich agricultural production. It gained its independence from Spain in 1810 and has 16 million citizens of which 90% are Catholic.
The Chile story is somewhat similar to Ireland before its economic takeoff. From 1978 to 1988, per capita income increased only $100 to reach $1,510.
Next, both a military gover...
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