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torok said:

Actually, the whole Latin America could be in much better shape if anyone followed what Chile is doing. They are doing freaking great, have tons of bilateral trading deals (much better than multi-country free trade regions like EU or Mercosul). They have a high degree of economic freedom and are exporting like crazy.

Exactly. Chile is doing amazing. And they are standing on their own two feet and achieving it.

They formed a free trade agreement with Australia back in 2009... As well as other countries and they have seen some great growth.
They wen't from $240 billion GDP + $13,331 GDP per capita to $297 billion GDP + $16,573 GDP per capita in just 7 years, that's a 24% growth over that period, at a time when other countries in the region stagnated or declined.



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