Kast and Chile’s Investment Reset
The government needs to reconcile growth and legitimacy to boost GDP growth and investor confidence, two experts write.
SANTIAGO – For decades, Chile stood out as Latin America's most reliable destination for foreign direct investment (FDI), capturing as much as $192 billion between 2000 and 2014, or 7.4% of the region’s total net inflows. But since then, the country has endured a substantial erosion of its ability to attract international capital. That may be about to change. In April, President José Antonio Kast submitted an economic reform to Congress — the Reconstruction and Economic Development (RED) bill — that seeks to modernize the investment regime and encourage both international...
Read this article on the Americas Quarterly website. | Subscribe to AQ.
