Doing Business in Indonesia
1. What is the current business climate in your
jurisdiction including major political, economic and/or legal
activities on the horizon in your country that could have a big
impact on businesses?
For a long time, Chile has been an attractive destination for
foreign investment despite its relatively small domestic market.
The country has a solid legal system, low corruption rate,
diversified economy, general respect for private property rights,
market-oriented policies, and stable financial rating. However,
legislative reforms proposed in response to social demands
(including growing demand for greater state provision of social
services and diminishment of economic inequality) have generated
concerns about the impact such changes may have on investments in
different sectors, including mining, energy, healthcare, and
pension funds. It is worth mentioning that a new constitution is
being drafted by an Expert Commission (Comisión
Experta),