Economic growth uneven in Chile: study
21/8/2008 18:10
SANTIAGO, Aug. 20 (Xinua) -- Chile is developing unevenly in its regions
after almost two decades of economic growth, according to a study by the
Economic Commission for Latin America (ECLA) magazine published
yesterday.
Despite overall economic growth and successful participation in
the global economy by taking comparative advantages, it is already shown that
there are winning regions and losing ones, the ECLA said.
The article titled
"Globalization and regional development: economic evolution of the Chilean
regions, 1990-2002" compares the growth dynamics of the Chilean regions and
concludes that disparities of the economic growth and its consequences over the
social conditions are shown in this study.
The article said successful
regions are those who managed to insert themselves in the world economy.
Antofagasta, Coquimbo and Aysen, located in mine production areas, are defined
as winners. Besides growing over the national average, they have improved their
poverty and education indicators over the national average.
The regions of
Tarapaca and Atacama are also dynamically growing but are not diminishing
poverty at the same level, nor improving education levels.
The regions of
Magallanes, Valparaiso and O'Higgins have grown with less dynamism but are
considerably diminishing their poverty levels.
The region of Araucania,
focused on the internal market, has a GDP (Gross Domestic Product) and a
productivity per habitant of over 50 percent inferior to the regional averages.
The weak economic situation is complemented with a precarious social
situation.
The article was written by Juan Carlos Ramirez, director of the
Latin American and the Caribbean Institute of Economic and Social Planning, and
Ivan Silva, head of the Local Development Management of the
Institute.
Xinhua
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