I need assistance in explaining why Chile's economy is so much better than other Latin-American countries.© BrainMass Inc. brainmass.com March 4, 2021, 7:43 pm ad1c9bdddf
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
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.
Chilean economy is assessed and research supported.