OECD Reviews of Foreign Direct Investment: Chile

Chile is a significant host for foreign direct investment (FDI) in South America, especially given the relatively small size of its economy. The attraction of Chile to foreign investors lies not only in its resource abundance but also in its tradition of openness to foreign investment. Chilean policies towards inward investment generally conform to OECD standards, and the country has been a trailblazer within Latin America in terms of its early attempts to attract inward investment through an outward-looking strategy. Chilean firms, in particular privatised ones, are also becoming important regional investors.