Eryn SchmidtA01229360Econ 51504/18/14Comparison between Madagascar and ChileDaily life in Chile depends on where you are in the country. With a length of almost 4,500 miles, the geography, culture and even economy depend on location. The northern end, closest to Peru, is known for its agricultural resources, particularly mining. The central part, more precisely Santiago, which is the capital of the country and where most of the Chilean population is located, is the center of business. The south, however, is colder, with thick forests that shorten growing seasons. Despite large differences, even on a national scale, Chile is growing rapidly. In 2013, Bloomberg found that "Chile's economy grew 5.5 percent over the last year, faster than expected and significant growth at a time when much of the world is not experienced only [small] economic expansion. (Gaiser) Chile is considered one of the best countries in South America, even with a smaller population. It has approximately 16.8 million inhabitants in 2013, the 6th largest in South America. (South American population) They excel in competitiveness, peace, freedom, stability and prosperity. (BBC) Madagascar, on the other hand, is a large island country off the coast of southern Africa. Its geography consists of highlands to the west and tropical forests to the right. Due to its proximity to the Indian Ocean, damage from tropical typhoons is very likely. This greatly affects infrastructure, the economy and the lives of many people, as recovery efforts absorb the use of capital. Its population is approximately 22 million people. Even though Madagascar experienced positive growth, of only 1.6% in 2011, Madagascar remains below African growth averages. (African Economic Outlook)Ch...... middle of document ......Specific statistics explain their low rating. First, property rights have a low score of 40; And what's even worse is the score in terms of absence of corruption. Unfortunately, it is ranked at 27.3, almost 15 points below the world average. This is largely due to the recent overthrow of the government in 2009, in addition to the decades of civil disrespect that preceded that date. High levels of corruption cause citizens to have difficulty trusting their government and the decisions it makes. This also leads to a decrease in confidence and the amount of investment. Although this could be due to corruption, a low level of investment in Madagascar could be seen due to the number of people living below the poverty line. 70% of the population falls into this category. The debt represents around 38% of GDP. Inflation has remained constant at a level of 10% over the past 3 years.