As Europe struggles through an economic slump, China’s expansion slackens and the United States seems trapped in an agonizingly slow recovery, the Chilean economy continues to post respectable results.
Chile’s GDP increased by 6 percent in 2011 and by 5.4 percent for the first half of 2012.
“A country needs consistency to maintain confidence,” said Felipe Larraín, Chile’s Minister of Finance, during an interview with Latin Business Chronicle in Miami.