Chile in Firing Line, Says BCP

Chile in Firing Line, Says BCP


Chile is in for two years of stagnation, according to research from BCP. "It is time to man the bulwarks," says BCP's head of research Walter Molano. "We are in for a rough patch." Positives for the credit include good infrastructure, a trade surplus of almost $20bn and another $20bn in the copper stabilization fund. However, it is exposed to a downturn in commodities and failed to maximize the benefits of the commodity boom. "Chile lacks the labor productivity needed to increase the value-added

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