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- HISTORICAL STIMULUS FOR IT GROWTH VERSUS CURRENT STIMULUS: Rapid
economic growth in Chile is fueling the expanding market for Information Technology. Within
the telecommunications sector, industry experts estimate a 25% growth between 1996-2001.1 Demand for computer systems, software
and peripheral equipment continues to steadily increase, with many of these systems linked
through telecommunications networks. Historically, however, there has been no significant
stimulus for IT growth in Chile. Beginning in 1973, the military government began to sell off
many of the state owned companies. The subsequent democratic governments since 1990 have
continued to encourage and foster privatization, resulting in increased growth in the IT industry.
2
1. U.S.
Department of State: Chile Commercial Guide
2. Ibid
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