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Chile riding wave to become Pacific gateway of South America.

Air Cargo World

| February 01, 1996 | Sterman, David | COPYRIGHT 1991 All Rights Reserved. (Hide copyright information)Copyright

Chile's trade with the U.S. outpaces its Latin neighbors, and Asian developers may come calling to solve its infrastructure problems.

Thanks to sound fiscal policies and an abundance of natural resources, Chile has witnessed the strongest economic growth of any Latin American country. Since 1980, the Chilean economy has been growing at more than 6 percent. Equally impressive, inflation has eased in the last decade.

Chile plays safer fiscal game

This resulted in more than $7 billion in foreign investment over the last few years. And unlike its neighbors, who have unwisely focused on attracting investment capital through equity markets, Chilean leaders have …

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