Monday , June 27 2022

68% of Chilean executives believe the economy is progressing



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The economic issue has taken up the agenda in recent weeks, because although macro and micro figures show an increase in activity, investment and consumption, the feeling is that the best moments did not come for everyone.

Under no circumstances helped Imacec to account for 2.3% – the lowest of the year – and 7.1% for unemployment in the July-August-September quarter.

The questions triggered a rapid response from the government. Economy Minister José Ramón Valente has launched a series of seminars, radio, television and print media, recognizing that the issue was not in figures, but that they did not realize they had to be explained.

But what do the business leaders in Chile think about the economy? With the selection of the most outstanding personalities of the year in the business world, the poll conducted by PULSO, Cadem and Adolfo Ibáñez University – involving nearly 400 business people, company directors and directors – also refers to 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 how they see the current state of the economy, 68.1% say the country is making progress, 29.3% consider the economy stagnating and 2.6% are withdrawing.

Asked about how they see future prospects, mood is becoming more optimistic, as 81.4% of respondents believe that the economy will progress in the next 12 months.

Asked about the reality of their business environment, responses are also optimistic. 68% believe that the overall economic situation of their company is very good or good, 23.3% is regular and 5.9%, bad or very bad.

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

If the efforts will be concentrated

Chilean management teams have already defined what they will focus on over the next 12 months. According to the PULSO study, Cadem and Adolfo Ibáñez, 23% of companies will focus on competitiveness, economy and trade.

New technologies are also a matter for them, and 21.8% will combine efforts in digital transformation, business innovation programs and cost efficiency.

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

/ gap

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