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Santiago - officially in Spanish, Santiago
de Chile - is Chile's capital and largest
city. It is situated in the country's
central valley, and administratively is a
part of the Santiago Metropolitan Region.
While Santiago is the capital, legislative
bodies meet in nearby Valparaiso. The
population of Santiago's urban agglomeration
grew from 1.33 million in 1950 to 2.84
million in 1970 and 4.56 million in 1990. It
had 35.2% of the total population of Chile.
The urban agglomeration of Santiago now
contains a population of 5.96 million
according to mongabay.com and will reach up
to 6.33 in 2010 and 6.61 in 2015. The city
is now one of the largest cities in Latin
America, and it concentrates over 40 percent
of the country's population. The government
has made great efforts to encourage people
to resettle out of Santiago, to relieve the
pressure on the city's infrastructure.
Santiago is the most important industrial
and financial center of Chile. It generates
45 percent of the country's GDP. Also, the
city is, along with Buenos Aires and São
Paulo, one of the biggest financial centers
of South America. Some international
institutions, such as ECLAC (Economic
Commission for Latin America and the
Caribbean), have their offices in Santiago.
In recent years, due to the strong growth
and stability of the Chilean economy, many
multinational companies have chosen Santiago
as the place for their headquarters in the
region. |
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© 2005 City of Miami
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