Essay on Developing a Business
Chile is one of the Latin American regions most dynamic and promising markets. This is not only due to its size and population but in the transparency in its regulations and the predictability of its decision-makers. The Chilean government ha a welcoming attitude towards foreign investors. The Santiago stock market is dynamic and has attracted substantial international investment, which has been made possible by an effective regulatory system. An increasingly diversified economy and strengthening ties with supliers and buyers in Europe, Asia , and the Americas has given Chile a wider range of options for further growth and prosperity. Also Chiles policy-making has secured long-term stability, unlike other Latin American countries. Chile enjoys both budget and balance of payments surpluses, and has sufficient funding to finance growth, it has the highest rate of internal savings in the Western Hemisphere, almost 24 percent. In 1990 Chile emerged form seventeen years of military government, there is still occasional friction in otherwise good civil-military relations, allowing Chile a smooth transition to democracy.
Chile has a promising market for high technology and infrastructure-type products. Including electricity generation, pollution control equipment, telecommunications equipment, computers and peripherals, mining and construction industry equipment, building materials, medical equipment, port equipment, air conditioning and refrigeration equipment, and security equipment. There are also great opportunities in consumer products and services such as tourism. Read more…
