Unit 4: Economic Development - Chile

This new video from the Financial Times is superb on some of the growing pains for the Chilean economy, a country widely praised for good economic management in recent years.

The Chilean economy is heavily dependent on copper exports, and a target of developed country status by 2018 looks ambitious. The Chilean government believes that it can be met a year early! But there will be many obstacles to overcome not least in meeting growing demand for reform in a country where income and wealth inequality has widened.