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Chile's Copper Crash

Geoff Riley

21st June 2017

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Copper runs through the veins of Chile and the industry has accounted for up to 25% of GDP. But the copper boom has fizzled out with falling world prices.

This special report from the Financial Times looks at prospects for a country built on copper which during the boom carried the country to an annual growth rate of more than 4% a year and made the country one of the richest in Latin America. This is a superb enrichment video covering economic issues such as primary product dependence, trade and development, the terms of trade and barriers to growth.

Chile's Copper Crash
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Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.

@tutor2uGeoff

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