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The economy of Chile operates as a market economy and is classified as a high-income economy by the World Bank. [27] It is recognized as one of the most prosperous countries in South America, [28] leading the region in areas such as competitiveness, income per capita, globalization, economic freedom, and low levels of perceived corruption. [29]
In the last 30 years, since returning to democracy after the military dictatorship of Augusto Pinochet, moderate political parties on the right and left have overseen Chile's fast growth and ...
So the really important thing about the Chilean business is that free markets did work their way in bringing about a free society." [1] The junta to which Friedman refers was a military government that came to power in a 1973 coup d'état, which came to an end in 1990 after a democratic 1988 plebiscite removed Augusto Pinochet from the presidency.
Chile, [a] officially the Republic of Chile, [b] is a country in western South America.It is the southernmost country in the world and the closest to Antarctica, stretching along a narrow strip of land between the Andes Mountains and the Pacific Ocean.
Contextualizing research at the end of the world: The history and the challenges. Tierra del Fuego is not an agreeable or easy field site to work.
Chile's moderate right made gains in regional elections on Sunday while President Gabriel Boric's coalition avoided crushing defeat, pointing to a return to less polarized politics ahead of the ...
Chile has about 82,000 km of roads, 20,000 km of which are paved, and about 2,000 km are divided highways. The most important highway in the country is the Route 5 (Pan-American Highway) [119] These 4 countries are the ones with the best road infrastructure and with the largest number of double-lane highways.
Starting in 1878, the Chilean state increased the issuing of new banknotes (fiat currency) causing the Chilean peso to devaluate. [2] When the War of the Pacific began in 1879 the government issued more fiat currency in order to afford the costly war, and continued to do so in 1880 and 1881. [3]