The 2001 CIA World Factbook. United States. Central Intelligence Agency
Bernardo O'Higgins,
Los Lagos, Magallanes y de la Antartica Chilena, Maule, Region
Metropolitana (Santiago), Tarapaca, Valparaiso
note: the US does not recognize claims to Antarctica
Independence: 18 September 1810 (from Spain)
National holiday: Independence Day, 18 September (1810)
Constitution: 11 September 1980, effective 11 March 1981, amended 30
July 1989, 1993, and 1997
Legal system: based on Code of 1857 derived from Spanish law and subsequent codes influenced by French and Austrian law; judicial review of legislative acts in the Supreme Court; has not accepted compulsory ICJ jurisdiction
Suffrage: 18 years of age; universal and compulsory
Executive branch: chief of state: President Ricardo LAGOS Escobar (since 11 March 2000); note - the president is both the chief of state and head of government
head of government: President Ricardo LAGOS Escobar (since 11 March 2000); note - the president is both the chief of state and head of government
cabinet: Cabinet appointed by the president
elections: president elected by popular vote for a six-year term; election last held 12 December 1999, with runoff election held 16 January 2000 (next to be held NA December 2005)
election results: Ricardo LAGOS Escobar elected president; percent of vote - Ricardo LAGOS Escobar 51.32%, Joaquin LAVIN 48.68%
Legislative branch: bicameral National Congress or Congreso Nacional consists of the Senate or Senado (48 seats, 38 elected by popular vote and 10 appointed (all former presidents who served 6 years are senators for life); members serve eight-year terms - one-half elected every four years) and the Chamber of Deputies or Camara de Diputados (120 seats; members are elected by popular vote to serve four-year terms)
elections: Senate - last held 11 December 1997 (next to be held NA December 2001); Chamber of Deputies - last held 11 December 1997 (next to be held NA December 2001)
election results: Senate - percent of vote by party - NA%; seats by party - CPD (PDC 14, PS 4, PPD 2), RN 7, UDI 10, UCCP 1, independents 10; Chamber of Deputies - percent of vote by party - CPD 50.55% (PDC 22.98%, PS 11.10%, PPD 12.55%, PRSD 3.13%), RN 16.78%, UDI 14.43%; seats by party - CPD 70 (PDC 39, PPD 16, PRSD 4, PS 11), RN 24, UDI 21, Socialist Party 1, right-wing independents 4
Judicial branch: Supreme Court or Corte Suprema (judges are appointed by the president and ratified by the Senate from lists of candidates provided by the court itself; the president of the Supreme Court is elected by the 21-member court); Constitutional Tribunal
Political parties and leaders: Center-Center Union Party or UCCP
[Francisco Javier ERRAZURIZ]; Christian Democratic Party or PDC
[Ricardo HORMAZABAL]; Coalition of Parties for Democracy
("Concertacion") or CPD - including PDC, PS, PPD, PRSD; Independent
Democratic Union or UDI [Pablo LONGUEIRA]; National Renewal or RN
[Alberto CARDEMIL]; Party for Democracy or PPD [Guido GIRARDI];
Radical Social Democratic Party or PRSD [Anselmo SULE]; Socialist
Party or PS [Ricardo NUNEZ]
Political pressure groups and leaders: revitalized university student federations at all major universities; Roman Catholic Church; United Labor Central or CUT includes trade unionists from the country's five largest labor confederations
International organization participation: APEC, CCC, ECLAC, FAO,
G-11, G-77, IADB, IAEA, IBRD, ICAO, ICC, ICFTU, ICRM, IDA, IFAD,
IFC, IFRCS, IHO, ILO, IMF, IMO, Inmarsat, Intelsat, Interpol, IOC,
IOM, ISO, ITU, LAES, LAIA, Mercosur (associate), NAM, OAS, OPANAL,
OPCW, PCA, RG, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNITAR, UNMIBH,
UNMOGIP, UNTAET, UNTSO, UNU, UPU, WCL, WFTU, WHO, WIPO, WMO, WToO,
WTrO
Diplomatic representation in the US: chief of mission: Ambassador
Andres BIANCHI
chancery: 1140 Connecticut Avenue NW, Washington, DC 20036
telephone: [1] (202) 785–1746
FAX: [1] (202) 887–5579
consulate(s) general: Chicago, Houston, Los Angeles, Miami, New York, Philadelphia, San Francisco, and San Juan (Puerto Rico)
Diplomatic representation from the US: chief of mission: Ambassador
John O'LEARY
embassy: Avenida Andres Bello 2800, Las Condes, Santiago
mailing address: APO AA 34033
telephone: [56] (2) 232–2600
FAX: [56] (2) 339–3710
Flag description: two equal horizontal bands of white (top) and red; there is a blue square the same height as the white band at the hoist-side end of the white band; the square bears a white five-pointed star in the center; design was based on the US flag
Chile Economy
Economy - overview: Chile has a market-oriented economy characterized by a high level of foreign trade. During the early 1990s, Chile's reputation as a role model for economic reform was strengthened when the democratic government of Patricio AYLWIN - which took over from the military in 1990 - deepened the economic reform initiated by the military government. Growth in real GDP averaged 8% during 1991–97, but fell to half that level in 1998 because of tight monetary policies implemented to keep the current account deficit in check and lower export earnings - the latter a product of the global financial crisis. A severe drought exacerbated the recession in 1999, reducing crop yields and causing hydroelectric shortfalls and electricity rationing, and Chile experienced negative economic growth for the first time in more than 15 years. Despite the effects of the recession, Chile maintained its reputation for strong financial institutions and sound policy that have given it the strongest sovereign bond rating in South America. By the end of 1999, exports and economic activity had begun to recover, and growth rebounded to 5.5% in 2000. Unemployment remains stubbornly high, however, putting pressure on President LAGOS to improve living standards. Meanwhile, Chile has launched free trade negotiations with the US.
GDP: purchasing power parity - $153.1 billion (2000 est.)
GDP - real growth rate: 5.5% (2000 est.)
GDP - per capita: purchasing power parity - $10,100 (2000 est.)
GDP - composition by sector: agriculture: 8%
industry: 38%
services: 54% (2000)
Population below poverty line: 22% (1998 est.)
Household income or consumption by percentage share: lowest 10%: 1.2%
highest 10%: 41.3% (1998)
Inflation rate (consumer prices): 4.5% (2000 est.)
Labor force: 5.8 million (1999 est.)
Labor force - by occupation: agriculture 14%, industry 27%, services 59% (1997 est.)
Unemployment rate: 9% (December 2000)
Budget: revenues: $16 billion
expenditures: $17 billion, including capital expenditures of $NA (2000 est.)
Industries: copper, other minerals, foodstuffs, fish processing, iron and steel, wood and wood products, transport equipment, cement, textiles
Industrial production growth rate: 6% (2000 est.)
Electricity