This story is from the 2014 Access 25. Explore more from this issue

The Latin American Tiger

Is Chile’s hot economy the true star of South America?

January 2014

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Brazil may have been the darling of the world’s financial media over the past few years, but the Organisation for Economic Co-operation and Development (OECD) recently named Chile as the most innovative country in South America. Business-friendly policy and aggressive pursuit of FTAs have driven the nation’s employment rate to a seven-year low, and consumer spending is robust. Despite severe economic inequality and productivity issues, Chile remains a star in South America.

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