Los nuevos tigres
Article Abstract:
Chile has built itself into a successful and dynamic economy with annual growth averaging seven per cent. UK ties with the country are deep, despite recent problems concerning the arrest of former leader General Pinochet. The UK is the third biggest investor in Chile and many experts value the country as an ideal entry point into the Latin American market. The Chilean economy suffers from some short-term volatility. However, UK firms prepared to take a longer-term view should find investment in Chile rewarding, due to its growth prospects, low level of bureaucracy and good business transparency.
Publication Name: The Director
Subject: Business, international
ISSN: 0012-3242
Year: 1999
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Australia: looking up down under
Article Abstract:
The Australian government is privatising a number of airports to overcome a budget deficit of $A10.3 billion. Melbourne, Brisbane and Perth Airport are expected to raise between $A500 million and $A1 billion. Inflation has decreased to 2.5% from a high of 7.75% in the 1980s, due to careful adjustment of interest rates by The Reserve Bank of Australia. Unemployment continues to be a problem but tourism should produce 200,000 more jobs, especially with the Olympics being held in Sydney in the year 2000. The cost of the games will hopefully be paid for by commercial sponsorships.
Publication Name: The Director
Subject: Business, international
ISSN: 0012-3242
Year: 1997
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Portugal: charting a new course
Article Abstract:
Portugal will hold the Expo 98 world fair in Lisbon in 1998 and this is stimulating urban renewal in Lisbon. Portugal also plans to take part in European monetary union and has made a great effort to qualify despite having a per capita income higher only than that of Greece in the European Union. Portugal is carrying out a privatization program and has benefited from foreign investment, often through allances between Portuguese and foreign firms.
Publication Name: The Director
Subject: Business, international
ISSN: 0012-3242
Year: 1998
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