MercoPress. South Atlantic News Agency
Chile and Peru, countries with the highest economic freedom score in Latam
Latin America shows a huge diversity regarding economic freedom with Chile (10) and Peru (24) among the top ranked 25 countries and another four, Bolivia, Ecuador, Argentina and Venezuela at the other end according to the latest report on Global Economic Freedom. Read full article
Comments
Disclaimer & comment rulesChile at the top, Argentina at the bottom ( That`s where the crap comes from ! )
Sep 20th, 2012 - 10:18 am - Link - Report abuse 0América Latina esta a ganhar terreno na sua liberdade de ecónomia em relação á europa porque a europa tem muitos politicos autoritários a América Latina á mais democracia entre as classes politicas e o desenho está á vista de todos
Sep 20th, 2012 - 10:50 am - Link - Report abuse 0It is almost embarrassing that we keep coming top of these international rankings.
Sep 20th, 2012 - 01:25 pm - Link - Report abuse 0...and well done Peru for the massive improvement.
You have copied our model and are now starting to see the benefits.
Keep the faith. The future is for the free Peruvian brothers.
Sube a nacer conmigo hermano Peruano!
Dame la mano desde la profunda zona
De tu dolor diseminado.
No volverás...del fondo de las rocas.
No volverás...del tiempo subterráneo.
No volverá... tu voz endurecida.
No volverán... tus ojos taladrados.
Sube a nacer conmigo hermano...
Can anyone get a feel from this as to whether left wing or right wing governments provide the greater 'economic freedom'.
Sep 20th, 2012 - 01:44 pm - Link - Report abuse 0Then why are there so many Chileans and Peruvians living and studying in Argentina? Just to show you how far from reality this article is.
Sep 20th, 2012 - 03:38 pm - Link - Report abuse 0@5
Sep 20th, 2012 - 03:56 pm - Link - Report abuse 0I could ask you the same:
Why are there so many Peruvians and Argentineans in Chile?
As Peru gets wealthier, fewer are coming here and many will return home.
In contrast there are more Argies looking for work in Chile every year. This will increase as Chile continues to grow and Argentina doesn’t.
6 Condorito (#)
Sep 20th, 2012 - 05:03 pm - Link - Report abuse 0Sep 20th, 2012 - 03:56 pm
For the Chilean Independence Day celebrations here in our town, when an ex-colleague of mine was president of the Chilean resident's club, in the 90's there were 273 members, the other day there were 17 celebrating!!!
@5 Dude, you're comment is lame and without merit. If you're going to make a generalized statement like that, at least back it up with some verifiable data. I can make a generalized statement as well....after I married a Chilean and spent quite a bit of time in the immigration office in Santiago near La Moneda, I can tell you it was chock full of Argentinians trying to immigrate to Chile. Or is it emigrate from Argentina? I'm not very bright and always get that mixed up.
Sep 20th, 2012 - 06:29 pm - Link - Report abuse 0If the point of your comment is that “Argentina's current situation is just as good as, if not better than, Chile's...”. That couldn't be further from the truth. Chile still has some enormous problems they need to overcome and it will take a long time (e.g. teen birth rate in las poblas), but they are doing a lot things right. One thing they need to continue to do is diversify their economy and not have 60% of their GDP tied to copper. But, Chile is on the right track.
Praxair bets on Argentina. Signaling further industrial and economic growth as seen from the perspective of the Ugest Industrial gas suppliers
Sep 20th, 2012 - 06:34 pm - Link - Report abuse 0http://www.foxbusiness.com/news/2012/09/05/praxair-to-invest-66-million-in-two-new-argentina-plants/
http://www.foxbusiness.com/news/2012/09/05/praxair-to-invest-66-million-in-two-new-argentina-plants/
There's no way Peru's economic freedom is higher than that of Uruguay. Sorry, but I've traveled extensively through both, and sometimes I don't know what the people who make these ratings are smoking. I agree that Chile should be pretty much tied with Uruguay for the top, and that Argentina should be at the very bottom though, that I agree with totally.
Sep 20th, 2012 - 07:02 pm - Link - Report abuse 0The top position that Chile has in economics freedom and success has not been gifted at all....!!! It was won with the scrifice of many Chileans that spent a long time with their belts locked in the last hole with low employement level, very low salaries and benefits, but with effort, perseverance and good leadership we could raise from a poor country bust by the red communist hordes to a success country, example for the world, so strong that despite of 20 years leftist Gvts. where they wasted massive amounts of funds and applied regresive policies, we keep a place into the top ten ecnomic freest countries, have a membership into the OCDE and contiune growing at the highest world´s rates from 2010 even suffering a hughe hearthquake......
Sep 20th, 2012 - 07:53 pm - Link - Report abuse 0No one of those top ranked countries are governed by left wing parties as the Latam countries use to know and that is a benchmark of successful and how a country must choose their economic and social policies to give their people the posibility to reach the cherised development....very different the way others Latam countries are doing, so they are the bottom ten of the list....
@10 JB
Sep 20th, 2012 - 08:10 pm - Link - Report abuse 0This ranking is about economic freedom, not about gdp/head or other measure of wealth. The metrics are not the kind of thing you would notice whilst extensively travelling - they are the kind of thing you would notice whilst running a business, for example.
The idea is that countries with more economic freedom are either already wealthy or going up in the world; those that score lowly are either poor or getting poorer.
lol, Condorito weon, this is the kind of thing I notice while traveling. I live in each country for months at a time. I know more about Peru and Uruguay than you do, and I've traveled more through Chile than you have. I traveled from Puerto Natales to Arica, every inch of Chile I know.
Sep 20th, 2012 - 08:23 pm - Link - Report abuse 0I know Latin politics better than most experts in the area. I get the feeling you and Sergio are the same user, but I could be wrong. I'm very aware of the price Chile paid to attain its current level. Also, it's inaccurate to say that none of the countries at the top are run by leftists govs, in fact many of them listed currently are headed by what are considered that country's form of left.
Left or right, doesn't really matter, what matters is how pragmatically they run the country, and that they don't get extremist. It also matters what kind of resources they have, and what the mentality of the people is. Chileans very much understand that they have to work, this was instilled in them during the Pinochet era. Argentines, on the other hand, don't really want to work and want to blame everyone else for their problems. Uruguayans aren't big on working either really.....but they don't blame anyone, and they behave themselves a lot more. Most peruvians have to work just to scrounge by.
13
Sep 20th, 2012 - 09:18 pm - Link - Report abuse 0“this is the kind of thing I notice while traveling”
You must have great fun travelling.
lol, don't be jealous of my ability to travel the world :P
Sep 20th, 2012 - 11:10 pm - Link - Report abuse 013 mastershakejb (#)
Sep 21st, 2012 - 12:50 pm - Link - Report abuse 0Sep 20th, 2012 - 08:23 pm
I think you're wrong about Chileans learning the need to work during the Pinochet years, Chileans have always been great workers, it comes naturaly to them just the same as their patriotism!!!!
Simon,
Sep 21st, 2012 - 03:47 pm - Link - Report abuse 0I was going to say that, but I realised it was pointless getting in a discussion on the subject with someone who studies labour market regulations whilst travelling, yet isn't astute enough to realise that I am not Sergio....
lol, Condorito STILL jealous of my ability to travel his own country more than he can, and I do this for every country in the world. Poverty eh? Sucks to be you ;)
Sep 21st, 2012 - 08:05 pm - Link - Report abuse 0Shakejob
Sep 21st, 2012 - 10:32 pm - Link - Report abuse 0I can’t be jealous of something I know nothing about and I know nothing about how much or how little you travel.
However, I am amused that you assume that I am not widely travelled.
But not to worry amigo patiperro, there is hope for you yet, as Mark Twain said “Travel is fatal to prejudice, bigotry, and narrow-mindedness” – so don’t stop travelling.
Guarantee I travel far, far more than you, and am far, far wealthier ;) and we both know it. Stop bein so jealous, its not becoming.
Sep 21st, 2012 - 11:02 pm - Link - Report abuse 0Careful Condorito, your jealousy is startin to make you sound like an Argie. Argie level jealousy.
Sep 21st, 2012 - 11:08 pm - Link - Report abuse 0@ 8 jakesnake
Sep 22nd, 2012 - 11:26 am - Link - Report abuse 0Sorry pal but just a quick correction. Copper mining in Chile only accounts for 13.5% of Gross domestic product by sector of the economy. I think you must've meant % of total exports. This figure is 42.49% of total exports.
The GDP is made up of all the economic activity this is why it is a smaller number in comparison to total exports.
@20 mastershakejb
You sound like a hormone raging juvenile.
If it's true that you are a man of leisure and travel extensively, then congratulations. As to to how you can analyze and cross reference macroeconomic indicators while shopping at the market or horse riding at the beach is puzzling to me. This is probably why your assessment of Uruguay's economy being freer than Peru's is so WRONG.
Firstly Peru (bless their wisdom) has modeled their economic policy on Chile's model. They are a free trading, very low tariff, no restrictions on capital flow, actively seeking foreign investment, no fiscal deficits and a positive balance of trade, plus low inflation and a rock solid currency nation.
Uruguay on the other hand is a key member of a protectionist cabal, where the only beneficiary member is Brazil. They have Tariffs, high inflation, burdensome debt, a negative trade balance, a structural deficit and ZERO FTA's. Their overall economic prospects are bleak unless they can escape Mercosur and trade freely with the world. They are certainly not freer than Peru.
lol, you showed your utter lack of intelligence by stating that peru's economic freedom is higher than that of Uruguay, shows just how little you know, and that's VERY, VERY little. I'm actually impressed at your ignorance and stupidity.
Sep 22nd, 2012 - 05:49 pm - Link - Report abuse 0lol, when someone as stupid as “The Chilean Perspective” tries to slander me, it is most definitely a compliment. Uruguay = massive middle class Peru = utterly impoverished.
Sep 22nd, 2012 - 05:52 pm - Link - Report abuse 0Try traveling before you open your mouth next time and compliment me by slandering me with your ignorance and stupidity ;D
@ 23 mastershakejb
Sep 22nd, 2012 - 09:37 pm - Link - Report abuse 0You obviously didn't read the note or you don't understand what it's about. Try familiarizing yourself with the subject matter before you go on the attack as you are embarrassing yourself.
lol, Chilean Perspective, you clearly understand nothing, and am jealous of me. Try traveling, reading, and making some money ;)
Sep 22nd, 2012 - 10:07 pm - Link - Report abuse 0are* jealous of me ;)
Sep 22nd, 2012 - 10:08 pm - Link - Report abuse 0@ 26 mastershakejb & @ 27 Also Add ................
Sep 23rd, 2012 - 04:06 am - Link - Report abuse 0Why don't you go back to facebook or whatever juvenile social media site you came from and leave us grown ups in peace. We discuss adult issues here and do not need pimple faced, hormone fueled, delusional “where in the world is Carmen san Diego players” to detune the discussion. You offer no data or evidence for your diatribes other than stating that you are a globe trotting political expert who is fabulously wealthy, paranoid and likes to use emoticons and two nicks............. What a TOOL.
STILL busy being jealous of me eh? LOL!
Sep 23rd, 2012 - 07:11 am - Link - Report abuse 0and FALKLANDS?
Sep 23rd, 2012 - 08:08 pm - Link - Report abuse 0Oh, sorry, is not a country....Mr. Dick S., no one consider your proposition....
Malvinas Argentinas!
Regards!
@28 Chilean perspective
Sep 24th, 2012 - 12:47 pm - Link - Report abuse 0I agree, although one correction, it seems to be using 3 nicks.
To have Hong Kong (both while still a colony and now in the PRC without proper election) and authoritarian Singapore top the list for “freedom” just goes to show capitalism isn't the same as freedom after all!
Sep 28th, 2012 - 11:59 am - Link - Report abuse 0Commenting for this story is now closed.
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