Which Way Chile Analysts are pondering the future of Chile now that it has elected socialist Gabriel Boric as its next president. Boric campaigned to end neoliberal economic policies. Chile suffers from inequality but not as severe as the rest of Latin America. In fact, Chile leads the region in competitiveness, per capita income, economic freedom, and the low perception of corruption. The country has 29 trade agreements covering 65 markets but Boric says he will sign no more free trade agreements. This could impact Chile’s ratification of the CPTPP. Chile’s agricultural exports have fared very well in recent decades.
However, the Chilean peso fell sharply in value after Sunday’s election. Where the economy goes...
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