Lyd, "is a challenge no less, to sustainable growth"
"This result is undoubtedly remarkable and comparable to that recorded at the successful countries known as the 'Asian Tigers', exceeding the expectations they had about the same. "So the program director called Economic Freedom and Development, Richard Matte, the result of Imacec March. The economist warned that this kicks off a new challenge not less "sustainable to 2012 on annual average growth rates for the economy by over 6%.
Matte argues that this situation , it is put in perspective to avoid falling into the temptation of thinking that has ensured high readings for future growth for the Chilean economy. "It interesting to see that the level of economic activity measured in this Imacec builds up 11% compared to that of March 2008, prior to the international financial crisis and the earthquake of 27F, which have an average annual growth between both periods of only 3.6%, "he said. He added that" if we go in this comparison a bit further back in March 2005, the month in which copper prices recently reached a value of 150 cents pound, the annual percentage growth would be slightly higher by 3.9%. "
With that said, you want to see that while economic recovery has been rapid and remarkable, it is still reduced in a longer term perspective. "We are at a turning point for the performance of productivity in order to make sustainable high rates of future growth of 6% or more," he said.
Matte argues that this situation , it is put in perspective to avoid falling into the temptation of thinking that has ensured high readings for future growth for the Chilean economy. "It interesting to see that the level of economic activity measured in this Imacec builds up 11% compared to that of March 2008, prior to the international financial crisis and the earthquake of 27F, which have an average annual growth between both periods of only 3.6%, "he said. He added that" if we go in this comparison a bit further back in March 2005, the month in which copper prices recently reached a value of 150 cents pound, the annual percentage growth would be slightly higher by 3.9%. "
With that said, you want to see that while economic recovery has been rapid and remarkable, it is still reduced in a longer term perspective. "We are at a turning point for the performance of productivity in order to make sustainable high rates of future growth of 6% or more," he said.
Source:
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