2017
Globalization and Current Chilean Business Environment
VOKOUN, Marek and Ondřej MATOUŠEKBasic 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
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.