How Powerful Is Chile?
In May 2016, Bolivia’s President, Evo Morales, accused Chile of building an illegal military base near their shared border.
Morales insisted that the alleged military expansion was a [quote] “aggression to the life, homeland and to Bolivia," and has threatened to take the issue to the International Court of Justice.
over 280 thousand square miles, Chile is just larger than the US state of Texas.
The country is home to an estimated 17 point 5 million people, roughly 40 percent of whom live in or around its capital city, Santiago.
By comparison, Brazil is about ten times as large and populous But what Chile lacks in size, it makes up for in its dynamic geography.
Chile enjoys nearly four thousand miles of coastline, as well as glaciers, fjords, the world’s driest desert and its longest mountain range.
At nearly $260 billion dollars, the country’s GDP has steadily grown over the last several decades; however, slowing demand for its largest export, copper, has caused a recent decline.
Still, Chile gets consistently high marks in development, competitiveness, per capita income and lack-of-corruption.
What’s more, Chile’s economy is known as one of South America’s greatest success stories.
Following a 1982 recession and subsequent free market reforms, Chile’s economy has rapidly expanded, foreign investments have increased, and poverty has dropped by more than half.
Chile has adopted more than 20 trade agreements with 60 countries, including the United States and European Union.
In 2010, Chile became the first South American country to join the Organisation for Economic Co-operation and Development, an alliance of 34 high-income countries that encourages international trade and free market systems.
Chile has been able to maintain economic stability by funneling huge sums of public money into an investment fund, only to be tapped into during severe economic downturns.
Chile is also a regional leader when it comes to defense.
While neighboring Peru and Argentina are considered to have somewhat more powerful militaries, Chile has a military over 140,000 and nearly 5 and a half billion dollar defence budget.
beyond its numbers, Chile’s military is really known for its technologically advanced equipment and well-trained forces.
The country is also one of South America’s largest buyers and producers of military equipment.
with a strong military and continually growing economy, as well as healthy foreign alliances with countries like the United States and much of Europe, Chile stands as a powerful regional leader and model for struggling South American countries.
But despite their regional influence, Chile still has its fair share of disputes, particularly with neighboring Peru.
Morales insisted that the alleged military expansion was a [quote] “aggression to the life, homeland and to Bolivia," and has threatened to take the issue to the International Court of Justice.
over 280 thousand square miles, Chile is just larger than the US state of Texas.
The country is home to an estimated 17 point 5 million people, roughly 40 percent of whom live in or around its capital city, Santiago.
By comparison, Brazil is about ten times as large and populous But what Chile lacks in size, it makes up for in its dynamic geography.
Chile enjoys nearly four thousand miles of coastline, as well as glaciers, fjords, the world’s driest desert and its longest mountain range.
At nearly $260 billion dollars, the country’s GDP has steadily grown over the last several decades; however, slowing demand for its largest export, copper, has caused a recent decline.
Still, Chile gets consistently high marks in development, competitiveness, per capita income and lack-of-corruption.
What’s more, Chile’s economy is known as one of South America’s greatest success stories.
Following a 1982 recession and subsequent free market reforms, Chile’s economy has rapidly expanded, foreign investments have increased, and poverty has dropped by more than half.
Chile has adopted more than 20 trade agreements with 60 countries, including the United States and European Union.
In 2010, Chile became the first South American country to join the Organisation for Economic Co-operation and Development, an alliance of 34 high-income countries that encourages international trade and free market systems.
Chile has been able to maintain economic stability by funneling huge sums of public money into an investment fund, only to be tapped into during severe economic downturns.
Chile is also a regional leader when it comes to defense.
While neighboring Peru and Argentina are considered to have somewhat more powerful militaries, Chile has a military over 140,000 and nearly 5 and a half billion dollar defence budget.
beyond its numbers, Chile’s military is really known for its technologically advanced equipment and well-trained forces.
The country is also one of South America’s largest buyers and producers of military equipment.
with a strong military and continually growing economy, as well as healthy foreign alliances with countries like the United States and much of Europe, Chile stands as a powerful regional leader and model for struggling South American countries.
But despite their regional influence, Chile still has its fair share of disputes, particularly with neighboring Peru.
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