Is Chile Open for Business?
After four years of Socialist Party rule, Chile’s new pro-market administration is touring around the world trying to convince businesses to invest in the country. Despite setbacks, it is still the most prosperous and stable in South America.
But how welcoming is Chile to foreign investors? Are there remnant policies hindering growth? Axel Kaiser, director of the Foundation for Progress think tank, shares his views on the challenges to turn the country around.
Mining is one of the pillars of the Chilean economy. Kaiser argues that while some sectors remain hampered by regulations, Chile is known for its business-friendly environment and respect for the rule of law, unlike neighboring countries.
- Foundation for Progress, the pro-market NGO headed by Axel Kaiser.
- The Populist Deceit, one of Kaiser’s latest books on Latin America’s recent wave of socialist governments (Spanish).
- “The Profitable Anti-Profit Movement,” Kaiser’s op-ed in El Mercurio, one of Chile’s leading newspapers (Spanish).