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68% of Chile's managers believe the economy is progressing



The economic issue has taken hold of the agenda in recent weeks, because although macro and micro-figures show growth in activity, investment and consumption, the feeling is that the best times have not come for everyone.

Nothing helped the Imeca's perception in September of 2.3% – the lowest in the year – nor the unemployment figures in July-August-September are moving in a quarter of 7.1%.

The questions prompted a quick reaction from the government. Minister of Economy Jose Ramón Valente has initiated a series of presentations at seminars, radio, television and print media, recognizing that the problem is not in numbers, but in ignorance that they need to be explained.

But what do those who lead the business world in Chile think about the economy? Together with the selection of the most prominent figures of the year in the business world, a survey conducted by PULSO, Cadem and Adolfo Ibanez University – which brought together nearly 400 businessmen, executives and executives of companies – also looks at the country's economic situation.

Their results show that this group has a more optimistic view of what is happening in Chile. In fact, when asked about how they view the current state of the economy, 68.1% say that the country is progressing, 29.3% think that the economy is stagnating and 2.6% is retreating.

On the question of how they look in the future, the mood becomes much more optimistic, as 81.4% of the respondents believe that in the next 12 months the situation in the economy will progress.

When asked about the reality of their business environment, the responses are also optimistic. 68% think that their company's general economic condition is very good or good, 23.3% is regular and 5.9%, bad or very bad.

As well as the country's economic situation, they estimate that in the next 12 months the reality of their companies will be better. In fact, 80.4% think it will be very good and 14.9%, regularly.

Where efforts will be concentrated

Chile's management teams have already defined how they will concentrate their efforts in the next 12 months. According to data obtained in the research conducted by PULSO, Cadem and Adolfo Ibanez University, 23% of companies will concentrate on competitiveness, economy and trade issues.

New technologies are also an issue that concerns them, 21.8% will combine efforts in digital transformation, innovative programs for their operation and economy.

The third position on the scale of concern is the regulatory issue. According to the survey, 10.3% of the respondents believe that the main efforts and resources will focus on changes in the regulatory framework, legal certainty.

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