Chile is the Latin American country with the most potential to attract foreign investment
Chile takes top place in Latin America as the country with the greatest potential to attract foreign investors, according to the Milken Institute’s Global Opportunity Index 2021. The annual ranking uses 96 variables, including a country’s macroeconomic outlook, potential for future innovation and development, access to financial services and compliance with international standards, to provide a forward-looking analysis of the potential for foreign investment in 145 countries.
Chile’s top place in the region reflects its good performance across the different categories measured and, particularly, the friendliness of its institutions to foreign investors. Compared to other developing and emerging economies, Latin America performs well in two key areas: a diverse and highly skilled workforce and the breadth and depth of financial systems.
“It is important to stay competitive, offer good business opportunities and stand out regionally» Andrés Rodríguez Director of InvestChile
«The Global Opportunity Index measures a country’s attractiveness to foreign investors based on five broad categories that give investors the tools to determine their own appetite for risk», said Claude Lopez, author of the report and head of the Milken Institute’s Research Department.
variables are used to prepared the ranking of the Milken Institute’s.
“These factors include, for example, understanding whether existing institutions promote business activity, the strength of their macroeconomic frameworks, the reliability of their courts and the degree of transparency in their institutions.”
Internationally, Sweden takes top place as the country with the greatest potential to attract foreign investors, followed by the UK in second place and the US in third (up one place on the previous year). Historically, high-income countries have performed well in the Global Opportunity Index, which underscores their overall resilience, the strength of their economic institutions and the rule of law.Read More