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Production Transformation Policy Review of Chile

Reaping the Benefits of New Frontiers

image of Production Transformation Policy Review of Chile

Chile is a relatively stable, well-connected, open economy. Over the last decade the country has managed to increase its participation in global value chains and to export new products. However, its knowledge base is limited, productivity is stagnating and economic opportunities are still concentrated in a few places and limited to a few activities and firms. Today’s global production revolution offers a window of opportunity for Chile to “update” its growth model to become more inclusive and sustainable.

 

The Production Transformation Policy Review of Chile (PTPR) uses a forward-looking framework to assess the country readiness to embrace change, with perspectives on solar energy, mining and agro-food, and identifies priorities for future reforms. This review is the result of government-business dialogue and rigorous analysis. It benefitted from peer learning from Sweden, Germany and the Emilia Romagna Region in Italy through the OECD Initiative for Policy Dialogue on Global Value Chains, Production Transformation and Development.

English

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Transforming industries: Perspectives on solar energy, mining and agro-foodin Chile

OECD Development Centre

The shifting global geopolitical and technological landscape coupled with changes in consumers’ preferences is opening up a window of opportunity for Chile. The country could transform its economy, enlarge its knowledge base and increase productivity by leveraging on its natural assets in new, more innovative ways. However, the world is moving fast and opportunities will not be permanently available. To tap into them, a strategic approach and a shared vision between government, business and society is needed. Chile has started to do so through strategic initiatives that identify future opportunities and clarify gaps to be addressed. This chapter presents the Chilean experience in solar energy, mining and agro-food; in each case it presents a snapshot of key trends and future scenarios, developed through multi-stakeholder consultations, it describes the current policy approach and it identifies reforms to move forward.

English

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