When it was announced that the International Institute course was focusing on Chile, I was immediately excited to learn more about their economy. Having never been to South America, I’ve become intrigued by the different policies Chile has utilized compared to the United States to increase their economic output.
According to the Heritage Foundation, a conservative think tank, Chile is seventh on their Index of Economic Freedom in 2015. The United States is ranked twelfth. To determine this calculation, several factors were considered including property rights, monetary freedom, government spending and investment freedom. The assessment attributes Chile’s position to their protection of property rights, budget controls and commitment to the Trans-Pacific Partnership talks. With the next South American country ranked 28th (Colombia), what else could be driving this dynamic?
As any working adult has experienced, there are those in the office who are really dedicated to doing their job and improving the company while others start counting down the hours to the weekend starting at lunch time on Monday. In an attempt to measure this, Gallup conducted a worldwide poll to determine the percentage of employees that were ‘engaged at work’. Among South American countries, Chile had the highest percentage of engaged workers at 39%. This was even higher than the United States, which stood at 30%. Could this cultural component of greater engagement also contribute to Chile’s concentration on economic policies that better position themselves on the global stage?
http://www.heritage.org/index/country/chile
http://www.heritage.org/index/country/unitedstates
http://www.gallup.com/businessjournal/188894/chile-workforce-key-weathering-downturn.aspx
According to the Heritage Foundation, a conservative think tank, Chile is seventh on their Index of Economic Freedom in 2015. The United States is ranked twelfth. To determine this calculation, several factors were considered including property rights, monetary freedom, government spending and investment freedom. The assessment attributes Chile’s position to their protection of property rights, budget controls and commitment to the Trans-Pacific Partnership talks. With the next South American country ranked 28th (Colombia), what else could be driving this dynamic?
As any working adult has experienced, there are those in the office who are really dedicated to doing their job and improving the company while others start counting down the hours to the weekend starting at lunch time on Monday. In an attempt to measure this, Gallup conducted a worldwide poll to determine the percentage of employees that were ‘engaged at work’. Among South American countries, Chile had the highest percentage of engaged workers at 39%. This was even higher than the United States, which stood at 30%. Could this cultural component of greater engagement also contribute to Chile’s concentration on economic policies that better position themselves on the global stage?
http://www.heritage.org/index/country/chile
http://www.heritage.org/index/country/unitedstates
http://www.gallup.com/businessjournal/188894/chile-workforce-key-weathering-downturn.aspx