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CHILE COUNTRY FACTS

 

Programs Offered:

WISE Abroad offers study abroad programs in Santiago and Valparaiso, and internships in Santiago.  Chile has become a popular destination for students and international visitors across the globe because of its rich culture, diverse geography, and politically stable environment. 

About Chile, Santiago, and Valparaiso:
Chile's Capital, Santiago de Chile,  is a modern metropolis of almost 5 million people and one of South America's most dynamic economies. It is most importantly a city of commerce, but visitors will find much to enjoy in the city and its surroundings including museums, many universities, theatres, parks, excellent restaurants, modern transportation, and vibrant city life which makes it a popular place for young people.  Not more than an hour away from the city center are world-class ski resorts and white-water rafting opportunities, famous beaches and the colorful port city of Valparaíso. Valparaiso is Chile's second largest and main port city, boasting of fantastic ocean views and modern architectural landmarks. 

Given its great extension, one of Chile's main characteristics is its awesome variety of landscapes. Legend has it that when God finished Creation, he took leftovers of desert, pampa, jungle and mountains, and with these he created the patchwork that is Chile. Nestled between the Pacific Ocean - the planet's largest ocean - and the Andes - the world's longest mountain range -, Chile's coast extends for more than 2 thousand miles. The Andes mountain range defines the territory, with peaks that exceed  3000 miles, greater than any European mountain and the highest in the South Western Hemisphere. Parallel to the Andes, on the western seacoast, runs the coastal mountain range.  Within this framework made by the mountains and the sea, are found the world's most arid desert, fields of fruits and beautiful beaches; volcanoes, lakes, woods and the world's second largest rain forest, plus fyords and canals, pampas and glaciers. A whole mosaic that culminates with Easter Island - the Earth's most isolated island - in the middle of the great Pacific Ocean.

Chile offers a  world where nature and adventure are within your reach, where you can ski on the slopes of active volcanoes, climb mountains or sail through thousand year old icebergs. You can also camp as if you were on the surface of the moon or practice rafting in rivers wilder than those of Alaska. A country where you can see the planet's oldest mummies, admire hieroglyphs of stunning beauty, enjoy the amazing geysers, bathe in thermal waters or look on in awe by the "moais" of Easter Island.

                          

Location:
Southern South America, bordering the South Pacific Ocean, between Argentina and Peru

Population
15,823,957 (July 2004 est.)

Religion
Roman Catholic 89%, Protestant 11%, Jewish NEGL%

Language
Spanish

Government Type
Republic

Economy:
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 because of 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 4.2% in 2000. Growth fell back to 3.1% in 2001 and 2.1% in 2002, largely due to lackluster global growth and the devaluation of the Argentine peso, but recovered to 3.2% in 2003. Unemployment, although declining over the past year, remains stubbornly high, putting pressure on President LAGOS to improve living standards. One bright spot was the signing of a free trade agreement with the US, which took effect on 1 January 2004. In 2004, GDP growth is set to accelerate to more than 4% as copper prices rise, export earnings grow, and foreign direct investment picks up.

NOTE:  Please visit the CIA World FactBook for more country facts at:  http://www.cia.gov/cia/publications/factbook/index.html

Source: CIA World Factbook