chile political situation 2020

According to IMF estimates, inflation reached 2.3% in 2019 and is expected to slightly increase to 3.4% in 2020 and 2.9% in 2021; this means that despite the COVID-19 pandemic the Chile’s Central Bank target of 3% of inflation is still met. Chile protesters suffer ‘severe eye trauma’ from rubber bullets Voices Borzou Daragahi Global civil unrest is finally stripping the political elite of power A long, narrow country, it extends approximately 2,700 miles and has an average width of just 110 miles. or against the media (censorship, confiscation, searches and harassment etc.). Since 2019, Chile has been confronting unprecedented social, economic, and … The Economic freedom index measure ten components of economic freedom, grouped into four broad categories or pillars of economic freedom: Rule of Law (property rights, freedom from corruption); Limited Government (fiscal freedom, government spending); Regulatory Efficiency (business freedom, labour freedom, monetary freedom); and Open Markets (trade freedom, investment freedom, financial freedom). World Bank, Latest available data. Advancing on key tax, pension and migration reforms represents another major challenge for the policymaking agenda. A Republic based on parliamentary democracy whereby the President is both Head of State and Head of Government. Moreover, according to Reuters, protests and riots since October have led to billions in losses to private businesses and public infrastructure. Political Outline When he came to power in March 2018, President Piñera proposed five major national agreements on the policies of childhood, health, public security, "peace in Araucania" and the development of the country. FUNDING SITUATION. Santander, Santander Trade and the Flame logo are registered trademarks. Source: 2019 Index of Economic Freedom, Heritage Foundation. After the 2017 general elections, which saw the victory of Sebastian Piñera's center-right coalition "Chile Vamos", the two other coalitions, Frente Amplio and Nueva Mayoria, associated to gain a slight majority in Parliament. The survey measures freedom according to two broad categories: political rights and civil liberties. Here’s How, How to Use Volunteering Abroad For a Career Change, Here’s Why Everything You Thought You Knew About Volunteering Is Wrong, Save an Extra 25% off one REI Outlet item with coupon code EXTRA25, Save up to an incredible 70% on bestselling outdoor gear and equipment at Backcountry.com, Four Mind-blowing Bolivia Itineraries For 10 Days to One Month of Traveling, Is It Safe to Travel to South America? For the latest economic outlook due to the Covid-19 pandemic, please consult the OECD Economic Outlook Interim Report Coronavirus (Covid-19): Living with uncertainty and the IMF's policy tracking platform Policy Responses to COVID-19 for the key economic responses from governments. In late February 2020, violent clashes between protestors and police took place outside Hotel O’Higgins, a hotel in which performers for the Viña del Mar Festival (an annual event in the city) were staying. Chile’s location in the Southern Hemisphere allows it to offer out-of-season fruits to countries of the Northern Hemisphere. However, political gridlock in a divided Congress is expected to continue during President Sebastián Piñera's second year in office (The Economist). Why it matters: The National Academies of Sciences, Engineering, and Medicine's report doesn't attribute blame for the suspected attacks, but it notes there "was significant … The industrial sector in Chile contributed 29.3% of GDP in 2019 and employed 22% of the working population, according to data by the World Bank.The agricultural sector contributed 3.5% of GDP and employed 9% of the active population in 2019. Chile: Central Bank keeps monetary policy unchanged in December. Chile’s political climate in the near term will be dictated by the process to rewrite the new constitution, which has the potential to cause substantial shifts in the nature of policymaking. Mar 12th 2020. SANTIAGO. The ratings process is based on a checklist of 10 political rights questions (on Electoral Process, Political Pluralism and Participation, Functioning of Government) and 15 civil liberties questions (on Freedom of Expression, Belief, Associational and Organizational Rights, Rule of Law, Personal Autonomy and Individual Rights). It has also been one of the fastest growing economies in Latin America over the last decade, enabling the country to significantly reduce poverty (World Bank). 2020-12-10T11:26:15-04002020-12-10T11:11:29-04002020-12-10T11:03:54 ... against the country’s economic and political system. IMF – World Economic Outlook Database, President: Sebastian PINERA Echenique (since March 11th 2018); the president is both chief of state and head of government, General elections (National Congress and President): November 2021. Frente Amplio (Broad-Front) is a left coalition including: - Humanist Party - Liberal Party - Democratic Revolution - Green Ecologist Party - Equality Party, Chile Vamos! A country’s overall economic freedom score is a simple average of its scores on the 10 individual freedoms. Source: Inflation should improve through fiscal austerity measures announced by the Treasury Department, particularly due to 1.6% of GDP in spending cuts over the next four years. Chile is one of the biggest wine producers in the world. To find out about the latest status of the COVID-19 pandemic evolution and the most up-to-date statistics on the COVID-19 disease in Chile, please visit the, To find out about the latest public health situation in Chile and the current sanitary measures in vigour, please consult the, For the information on the travel restrictions undertaken by the government of Chile, please consult the website of the, For the information on all the measures applicable to movement of goods during the period of sanitary emergency due to the COVID-19 outbreak (including eventual restrictions on imports and exports, if applicable), please consult the portal of the Chilean, For the information on the economic recovery scheme put in place by the Chilean government to address the impact of the COVID-19 pandemic on the Chilean economy, please visit the website of the, For the information on the local business support scheme established by the Chilean government to help small and medium-sized companies to deal with the economic impacts of the COVID-19 epidemic on their activity, please consult the portal of the, To find out about the support plan for exporters put in place by the Chilean government, please consult the support plan for Chilean exporting companies available on the official portal, OECD Economic Outlook Interim Report Coronavirus (Covid-19): Living with uncertainty, IMF's policy tracking platform Policy Responses to COVID-19, Economic freedom in the world (interactive map), 2019 Index of Economic Freedom, Heritage Foundation, The Economist - Business Environment Rankings 2014-2018, Ministry of the Economy, Development and Tourism (in Spanish), Ministry of Labour and Social Forecast (in Spanish), Instituto Nacional de Estadisticas (National Institute of Statistics, in Spanish), Economic information portal of the Chilean Ministry of the Economy, 2019 World Press Freedom Index, Reporters Without Borders, Political freedom in the world (interactive map), International Trade Centre's COVID-19 Temporary Trade Measures, Chilean Government's Emercency Economic Plan. 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