Changes

*Trade: Exports--$57.61 billion: copper, fruits and nuts, fish and seafood, and wood products. Major markets—U.S., Japan, China, Netherlands, South Korea, Brazil, Italy, Mexico. Imports--$40.91 billion: fuels, heavy industrial machinery, motor vehicles, electrical machinery, plastic. Major suppliers—U.S., China, Brazil, Argentina, South Korea. (GDP (official exchange rate):$281.7 billion (2013 est.))

*Trade: Exports--$57.61 billion: copper, fruits and nuts, fish and seafood, and wood products. Major markets—U.S., Japan, China, Netherlands, South Korea, Brazil, Italy, Mexico. Imports--$40.91 billion: fuels, heavy industrial machinery, motor vehicles, electrical machinery, plastic. Major suppliers—U.S., China, Brazil, Argentina, South Korea. (GDP (official exchange rate):$281.7 billion (2013 est.))

Chile has pursued generally sound economic policies for nearly three decades. The 1973-90 military government sold many state-owned companies, and the three democratic governments since 1990 have continued privatization, though at a slower pace. The government's role in the economy is mostly limited to regulation, although the state continues to operate copper giant CODELCO and a few other enterprises (there is one state-run bank). Chile is strongly committed to free trade and has welcomed large amounts of foreign investment. Chile has signed free trade agreements (FTAs) with a whole network of countries, including an FTA with the United States, which was signed in 2003 and implemented in January 2004. Over the last several years, Chile has signed FTAs with the European Union, South Korea, New Zealand, Singapore, Brunei, China, and Japan. It reached a partial trade agreement with India in 2005 and began negotiations for a full-fledged FTA with India in 2006. Chile plans to continue its focus on its trade ties with Asia by negotiating in 2007 trade agreements with Thailand, Malaysia, and Australia.  

Chile has pursued generally sound economic policies for nearly three decades. The 1973-90 military government sold many state-owned companies, and the three democratic governments since 1990 have continued privatization, though at a slower pace. The government's role in the economy is mostly limited to regulation, although the state continues to operate copper giant CODELCO and a few other enterprises (there is one state-run bank). Chile is strongly committed to free trade and has welcomed large amounts of foreign investment. Chile has signed free trade agreements (FTAs) with a whole network of countries, including an FTA with the United States, which was signed in 2003 and implemented in January 2004. Over the last several years, Chile has signed FTAs with the European Union, South Korea, New Zealand, Singapore, Brunei, China, and Japan. It reached a partial trade agreement with India in 2005 and began negotiations for a full-fledged FTA with India in 2006. Chile plans to continue its focus on its trade ties with Asia by [[negotiating]] in 2007 trade agreements with Thailand, Malaysia, and Australia.  

[[File:José Piñera Echenique.jpg|thumb|left|200px|[[José Piñera]] creator of the Individual capitalization pension system.]]

[[File:José Piñera Echenique.jpg|thumb|left|200px|[[José Piñera]] creator of the Individual capitalization pension system.]]

[[File:Hernan Buchi 2011.jpg|200px|thumbnail|[[Hernán Büchi]], economist during the Military Government that re-implemented liberal economic policies.]]

[[File:Hernan Buchi 2011.jpg|200px|thumbnail|[[Hernán Büchi]], economist during the Military Government that re-implemented liberal economic policies.]]