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Globalization and Current Chilean Business Environment

VOKOUN, Marek and Ondřej MATOUŠEK

Basic information

Original name

Globalization and Current Chilean Business Environment

Authors

VOKOUN, Marek (203 Czech Republic, guarantor, belonging to the institution) and Ondřej MATOUŠEK (203 Czech Republic, belonging to the institution)

Edition

první. Žilina, Globalization and its socio-economic consequences 2017: Proceedings of 17th International Scientific Conference, p. 2895-2902, 3122 pp. 2017

Publisher

University of Žilina

Other information

Language

English

Type of outcome

Proceedings paper

Field of Study

50200 5.2 Economics and Business

Country of publisher

Slovakia

Confidentiality degree

is not subject to a state or trade secret

Publication form

electronic version available online

References:

RIV identification code

RIV/75081431:_____/17:00002145

Organization unit

Institute of Technology and Business in České Budějovice

ISBN

978-80-8154-212-1

UT WoS

000685059205037

Keywords in English

Chile; barriers; globalization; development; competitiveness

Tags

Changed: 24/9/2021 09:56, Mgr. Nikola Petříková

Abstract

V originále

The paper identifies and analyses a matrix of factors that influences business activities in Chile in the global context. Local business environment is explored through market environment analysis focusing on political, economic, socio-cultural, technological, legal and environmental environment. A focus is given not only on economic dimension of the complex Chilean business environment but to values and attitudes of Chilean hose holds to world issues. This analysis uses historical context, current technological development and global tendencies, role of geography and international political relation, social dimension and institutional rules, which in form of norms and acts heavily influence Chilean business environment. It is based on wide variety of data sources, especially from Chilean authorities, and international organizations. It finds out that the Chilean economic growth has a solid basis and the Chilean market represents important opportunities for foreign investment. It identifies the economic dependency on copper price. The social inequality is identified as the main shortcomings of the Chilean economic model which is on the other hand benefiting from the globalization. Chile managed to get through the global financial crisis relatively well and Chilean economy is approaching the economic level of developed countries. The values and attitudes of Chilean households concerning world issues are similar to those in Germany or USA and sometimes even with higher level of trustworthiness and tolerance.

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