Chilean Miracle" Struck a Blow against Communism When Needed Most
Chile’s economy is set to decelerate slightly this year. Low copper prices will continue to drag on exports and limit the government’s spending capacity while uncertainty surrounding the government’s reforms undermines investor sentiment. Our panelists see Chile’s GDP increasing 1.8% this year, which is unchanged from last month’s forecast. For 2017, panelists project growth ticking up to 2.3%.