Friday , October 22 2021

68% of Chilean executives believe that the economy is progressing



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Economic problems take on the agenda of the past few weeks, because even though macro and micro figures show growth in activity, investment and consumption, the feeling is that the best time hasn't come for everyone.

It did not help at all that the perception of Imacec September was 2.3% – the lowest year – or the unemployment rate from the July-August-September moving quarter of 7.1%.

The question triggered a quick reaction from the government. The Minister of Economy, José Ramón Valente, began a series of presentations at seminars, radio, television and the written press, acknowledging that the problem was not in numbers, but because they did not realize that they had to be explained.

But what do those who lead the business world in Chile do about the economy? Along with choosing the most prominent personality this year in the business world, a survey conducted by PULSO, Cadem and Adolfo Ibáñez University – where nearly 400 entrepreneurs, company directors and executives participated – also discussed the country's economic situation.

Their results show that this group has a more optimistic view of what happened in Chile. In fact, when asked about how they looked at the current economic situation, 68.1% said that the country was progressing, 29.3% believed that the economy was stagnant and 2.6% retreated.

When asked about how they see future prospects, the atmosphere becomes much more optimistic, because 81.4% of respondents believe that in the next 12 months the economic situation will develop.

When asked about the reality of their business environment, the answer was also optimistic. 68% thought that their general economic situation was very good or good, 23.3% were regular and 5.9%, bad or very bad.

Like the country's economic situation, they estimate that in the next 12 months, the reality of their company will be better. In fact, 80.4% believed that it would be very good and 14.9%, regularly.

Where efforts will be concentrated

The Chilean company management team has determined what they will concentrate on in the next 12 months. According to data obtained in a survey conducted by PULSO, Cadem and Adolfo Ibáñez University, 23% of the companies will be concentrated on issues of competitiveness, economy and trade.

New technology is also a problem that concerns them, 21.8% will combine efforts in digital transformation, innovation programs from their operations and cost efficiency.

At the third position the scale of concern is a regulatory problem. According to the survey, 10.3% of respondents believed that the main effort and resources would focus on changes in the regulatory framework, legal certainty.

/ gap

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