Since 1990, Chile has implemented public policies to foster and consolidate serious and responsible macroeconomic management, greater economic openness and international integration, solid institutions and a fairer society in which all citizens can enjoy the benefits of economic development.
Economic growth has been accompanied by a sharp drop in public debt, the stabilization of the country’s external accounts and an increase in its international reserves. Chile has, in other words, given clear proof of its commitment to serious and responsible economic management.
These attractive advantages are further reinforced by the existence of an open economy that has meant greater competitiveness, growing international trade and rapid integration into world markets. In addition, Chile’s modern telecommunications systems, its well-capitalized and internationally competitive banking sector, its world-class public infrastructure, its high-quality services and the ready availability of skilled workers are key factors that cause a favorable impression among foreign investors.