The end of the mining boom has highlighted the urgent need for Chile to diversify its economy away from commodity-intensive sectors, according to a new OECD report presented by Secretary-General Angel Gurría today.
After a decade of relatively strong growth, Latin America is facing headwinds associated with declining trade, a moderation in commodity prices and increasing uncertainty over external financial conditions, according to the latest Latin American Economic Outlook jointly produced by the OECD Development Centre, the UN Economic Commission for Latin America and the Caribbean (UN ECLAC) and CAF - Development Bank of Latin America.
Chile has been very successful in turning its natural resource endowments into a generator of growth and modernisation. However, its mining regions, including Antofagasta, face the challenge of developing a critically important primary sector in a manner that contributes to both economic growth and broader measures of well-being. Antofagasta's long term sustainability goals include a more diversified economic base, supported by a city that is lived in for its high quality of life and the opportunities it offers. To achive this, it will need to make the most of its natural endowments, improve the city's physical attractiveness and ensure better urban policy outcomes. It will also require regional and local actors to act in a strategic and innovative manner. This study focuses on economic diversification, urbanism and governance in the city of Antofagasta. Consideration is given to: economic and socio-economic trends such as those associated with labour markets and skills, as well as quality of life factors; opportunities for specialisation, diversification and innovation within and beyond the mining cluster, including throught its port network; urban policy challenges especially in land use, waste management, environment and public transport; and to the role of public governance in helping the city realise its economic and quality of life objectives.
Start-ups are gaining momentum in Latin America's innovation strategies. Start-up Latin America: Promoting Innovation in the Region analyses the role of policies in promoting the creation and expansion of start-ups. It provides a comparative snapshot of recent initiatives in six countries in the region to identify good practices and foster knowledge sharing to improve innovation policy design and implementation.
La educación ha sido una prioridad central para Chile desde hace mucho tiempo y un factor clave para su desarrollo económico. Durante las dos últimas décadas, el país ha hecho un gran esfuerzo por aumentar el número de jóvenes que acceden a la educación superior.
This report reviews Chile’s scholarship abroad scheme and provides an overview of best practices for scholarship programmes at the international level. In addition it analyses the design and institutional framework of the Chilean programme and recommends ways to maintain and improve the scheme.
Over the last decade, Chile has been the most successful Latin American country in reducing the per capita income gap compared to the advanced countries. Chile now needs to further strengthen some institutional pillars of an efficient market-oriented economy, notably its innovation system.