Chile is on the move both economically and politically. They are being recognized for developing so quickly. The following block of information comes from this article in the Washington Post.
While the country is developing economically I am excited that God is also at work through one of our missionaries, Jason Holt.
I hope that our church becomes very geographically literate. I hope that as you notice the names of countries in the news you will think of the missionaries we have there and the work that God is doing in that country.
This week, the Organization for Economic Cooperation and Development, a club of rich nations that includes the United States, Japan and several European countries, formally invited Chile to join. Becoming the first South American nation in the 30-member group would be among the tangible signs of Chile’s steady rise since the 1980s, when it was in the grip of dictatorship.
Chile has posted Latin America’s fastest economic growth over a generation, and poverty has dropped from 45 percent before the demise of Gen. Augusto Pinochet’s government to a regional low of 14 percent today. But Giugale and other economists say Chile has advanced in areas more difficult to measure, such as strengthening state institutions like the courts and fighting corruption.
Chile also has a stable and robust democracy, ruled since 1990 by a coalition of Socialists and Christian Democrats that unseated Pinochet. The current president, Michelle Bachelet, has a popularity rate hovering at nearly 80 percent.
Forty percent of youths now go on to universities or other institutions beyond high school, authorities say, and 70 percent of those are the first in their families to do so.
Prudent economic management, officials here say, not only helped Chile go from being a debtor nation to a net creditor, but also protected it from the worldwide economic meltdown. Velasco, the finance minister, said Chile created a rainy-day account funded with the billions generated by a commodities boom earlier this decade.