Chile, The PBEC 31st IGM Host


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A development strategy based on free trade and investment, property rights, the fostering of exports and a free market economy led by the private sector - has made it possible for Chile to enjoy an enviable level of economic and political stability. Chile places great emphasis on the principles of democracy as well as political and economic liberties. Private initiative is acknowledged as the driving force of growth.

We concern ourselves with the laying down of broad guidelines, for the purposes of maintaining macroeconomic equilibrium, overcoming social inequalities - through policies which target assistance based on self-development - and protecting the environment.

Chile Facts

Chile is a country open to the world.  It maintains solid political ties to all continents and participates in major international organizations.  Beginning with the Americas, Chile is solidifying its association with leading world markets and hopes to become a gateway between these and other regions, such as the Asia-Pacific.

 

Population 14.5 million
Capital City Santiago
Official Language Spanish
Life Expectancy 74.8 Years
Literacy Rate 96%
(1996 figures) Source: National Statistics Bureau, Prochile, Central Bank of Chile

Chile is situated along the Southwestern coast of the South American continent. This long and narrow strip of land running along the Andean mountain range, with 4,500 kilometers of shoreline, offers a panoramic window to the Pacific Basin as well as a pathway to the rest of Southern America.

Chile Facts

Inflation Rate 6.6%
Growth Rate 7.4%
Per Capita Income US$ 5,100
Per Capita Income
(based on purchasing power)
US$ 9,520
Annual Population
Growth Rate
1.4%
Urban Population 83%
(1996 figures) Source: National Statistics Bureau, Prochile, Central Bank of Chile


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