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Chile's economy vs. other Latin-American countries

I need assistance in explaining why Chile's economy is so much better than other Latin-American countries.

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Please see the attached file.

Yes, Chilean economy is better than other Latin-American countries. If we see the following table:

GDP per capita (PPP) 2005
Rank in world Country GDP
per capita
50 Argentina
14,109
56 Chile
11,937
65 Uruguay
10,028
68 Brazil
8,584
81 Colombia
7,565
96 Venezuela
6,186
97 Peru
5,983
99 Suriname
5,683
105 Guyana
4,612
107 Paraguay
4,555
113 Ecuador
4,316
125 Bolivia
2,817

http://en.wikipedia.org/wiki/Economy_of_South_America

If we analyze the above table, one can conclude that these countries are in developing stage. Chile being the second highest rank country according to the GDP per capita and and at 56th . Bolivia is least developed and its ranked at number 125.
http://www.eclac.cl/cgi-bin/getProd.asp?xml
Chile's ...

Solution Summary

Chilean economy is assessed and research supported.

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