Chile is recognized as the 'gold standard' of Latin America given its 30-year plus history of economic liberalization and steady growth leading to the highest GDP per capita in the region. Chile's government remains the only sovereign credit in Latin America rated in the 'A/A+' range. The country benefits as the world's largest producer of copper which makes the role of mining activity and the commodity price key drivers in the economy.
This article provides a macro outlook for Chile and presents an introduction to the iShares MSCI Chile ETF (NYSE:ECH) which offers