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Chile has developed considerably over the past 50 years. Birth rates have halved and death rates have reduced from 14 per 1000 to 6 out of every thousand people in 1997. Infant Mortality has plummeted form 126 to13 deaths out of every 1000 live births under I year old. Life expectancy for males has increased by 20 years from 52 to 72 years old and for females it has increased by 22 years from 56 to 78 years old. The population has become urbanised and the total percentage …

…Chile’s high investment rate is reflected by the fact that capital goods make up 30% of there total imports. The United States is Chile's largest importer supplying 23% (in 1998) of Chile’s total imports. Chile also has a policy of lowering its import tariff (for all countries that it does not have a trade agreement with) by one percent each year. Higher tariffs are charged only on imports of wheat, wheat flour, vegetable oils, and sugar.