Overview
Economic sentiment in Chile has begun to sink. The domestic explanation for this is clear: President Sebastián Piñera promised a comprehensive reform agenda during the presidential campaign in 2017 and has not managed to sign any of the promised changes. Crucial reforms in the country’s tax and pension system have stalled in Congress for the last 11 months. However, we believe that the administration will sign these reforms by the end of 2019. This will result in a confidence rebound and boost consumer spending and investment. This will be important given the external backdrop: the economies of Chile’s most important trading partners will likely decelerate through 2020. As such, MNCs should expect a new normal of relatively low copper prices, making it critical to diversify outside of activities involved with the copper mining industry.
What you will learn
- What are the key trends businesses need to prepare for
- How to defend against emerging downside risks
- Understand how companies across the region can take action now
What you will receive
- Immediate access to the 23-page PDF report
- Exclusive email updates covering emerging markets business topics
- Special discounts on future report purchases
