Between 1973 and the early 1990s, Chile underwent a troubled political situation with a dictatorship situation of the government. Logically, the destinations in this situation remain on the sidelines of world tourism. But when the political crisis in Chile had subsided, giving way to democracy and greater security, tourism began to develop.
In this document, we will first see the actual economic situation of Chile and its role in international trade.
Then we will see the tourism sector situation in Chile, its benefits and disadvantages and threats.
As we said, Chile is the most performing economy of South America. The country is considered by foreign investors as a model of economic stability. For more than 30 years, Chile has had a healthy economic policy. This country is the biggest producer and exporter of copper in the world. Its economy is obviously dependent on the price evolution of copper. Nevertheless, Chile diversifies its economy with a lot of free trade agreements all over the world and investments in agribusiness.
[...] Benefits of tourism in Chile Latin America, long shunned by tourists, is gradually becoming a popular destination for many tourists. Several brakes could explain this loss, especially the dictatorial system present during Pinochet's period, until the 90s, but also economic and financial crisis involving a certain poverty in the country. The return to democracy has helped the development of tourism. The poverty line has declined and many jobs were created in the tertiary sector. We'll see, during this part, how tourism could bring Chile in the economic, political and societal sectors The economic and political levels Chili, the "jaguar" of Latin America between 90 and 97, with an annual growth of on average, experienced a tremendous drop in 2001 due to the Argentine crisis. [...]
[...] Then we will see the tourism sector situation in Chile, its benefits and disadvantages and threats Áurélie WEILL The Chilean Economy and the implantation of foreign companies The tourism sector and the Accor implantation I. Presentation of the Chilean Economy and its strengths a. General presentation of Chile As we can see on the map on the Annex Chile's geographic situation, Chile is part of South America and shares bordures with Peru to the North, Bolivia to the Northeast, Argentina to the East. [...]
[...] o The bread industry: It is evolving and represents a market of 1.4 billion dollars annually. Chileans are the second largest consumer of bread behind Turkey with an annual consumption of 96 kilograms of bread per person. - 3. International trade . International agreements - Free Trade in Latin America: Colombia, Ecuador, Venezuela, Peru, Mexico and Cuba Mercosur: this agreement is permanently composed by Argentina, Brazil, Paraguay, Uruguay and Venezuela. The associated countries are Bolivia, Chile, Peru, Colombia and Ecuador APEC: the Asia-Pacific Economic Cooperation is a forum for 21 Pacific rim countries that seeks to promote free trade and economic cooperation throughout the Asia-Pacific region. [...]
[...] This privatization was done in sectors as health, housing and transport. Tax barriers to foreign trade were removed in order to attract foreign investor and decisive measures were taken to attract importations and increase national economy. Since the return to democracy in 1990, this model of market economy has been maintained and consolidated through a tacit agreement between the economic and political sectors. In economic terms, the model of liberalization has been exceptionally successful in Chile, giving the country the highest growth index in the region: in 2004, GDP (Gross Domestic Product) in Chile growth reached whereas the best global level was Áurélie WEILL The Chilean Economy and the implantation of foreign companies The tourism sector and the Accor implantation II. [...]
[...] The long distances between Chile and the main markets to 17 hours from Europe or the United States and up to 24 hours from Asia) is still a limiting factor for the development of tourism in the area. Intra-regional travelers represent the largest 9 Áurélie WEILL The Chilean Economy and the implantation of foreign companies The tourism sector and the Accor implantation part of international tourist arrivals. In 1997 3/4 of tourist arrivals in Chile resulted from intraregional travel. Tourism in Chile is primarily tourism of leisure, relaxation and culture in a natural landscape. However in recent years we can observe a strong increase in business tourism. [...]
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