Chile - Latin America's Star Performer

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Case Details:

Case Code : ECOA123
Case Length : 14 Pages
Period : 2003
Organization : -
Pub Date : 2003
Teaching Note :Not Available
Countries : Chile, South America
Industry : -

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This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source.

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Health Care

Chile scored well on basic health indicators. But behind the impressive averages lay some glaring inequalities. For example, infant mortality in certain rural areas of southern Chile was much higher than in Santiago. These trends reflected the underlying income disparities.

The government had announced plans to revamp the system so that guaranteed free or low-cost treatment could be offered for ailments that accounted for most of the premature deaths and disablements. This plan would be financed by a new national fund into which wage earners would pay part of their contribution...

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Future Outlook

Chile's dependence on copper continued to be a major problem. Copper prices had displayed a declining trend.

In 1991, the price of copper was lower in real terms than it had been during the 1930s. In 2000, copper accounted for about 40% of the total value of Chile's exports. But Chile's copper industry had become more efficient in recent times. The entry of foreign players had a beneficial impact on the state-owned mining giant, Codelco. Moreover, there had been a revival in demand for copper in the early 2000s...

Exhibits

Exhibit I: Chile at a Glance
Exhibit II: Chile: Macro Economic Indicators
Exhibit III: Comparative Analysis: Economic Indicators, 2000
Exhibit IV: Comparative Analysis: Social Indicators

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