Yianni’s Presentation on Chile & Mali “The secret in education lies in respecting the student.”

Mali Chile

Chile, Background info… Location : Southern South America, bordering the South Pacific Ocean, between Argentina and Peru Population: 15,980,912 (July 2005 est.) Birth rate: births/1,000 population (2005 est.) Death rate: 5.76 deaths/1,000 population (2005 est.) GDP - per capita: purchasing power parity - $10,700 (2004 est.) Unemployment rate: 8.5% (2004 est.) Population below poverty line: 20.6% (2000) Public debt: 12.8% of GDP (2004 est.) Oil - exports: 0 bbl/day (2003) Oil - imports: 221,500 bbl/day (2003 est.)

Chile, financial info… Chile's financial sector has grown faster than other areas of the economy over the last few years; a banking reform law approved in 1997 broadened the scope of permissible foreign activity for Chilean banks. The Chilean government implemented a further liberalization of capital markets in Chileans have enjoyed the recent introduction of new financial tools such as home equity loans, currency futures and options, factoring, leasing, and debit cards. There are three main ways Chilean firms raise funds abroad: bank loans, bond issue, and the selling of stock on U.S. markets through American Depository Receipts (ADR's). Nearly all of the funds raised go to finance investment. The government is paying off its foreign debt. The combined public and private foreign debt was roughly over 50% of GDP (Total-$173,812 million) at the end of 2004—low by Latin American standards.

Mali, Background info… Location: Western Africa, southwest of Algeria Population: 12,291,529 (July 2005 est.) Birth rate: births/1,000 population (2005 est.) Death rate: deaths/1,000 population (2005 est.) GDP - per capita: purchasing power parity - $900 (2004 est.) Unemployment rate: 14.6% urban areas; 5.3% rural areas (2001 est.) Population below poverty line: 64% average; 30% of the total population living in urban areas; 70% of the total population living in rural areas) (2001 est.) Debt - external: $3.3 billion (2000) Oil - exports: NA, Oil - imports: NA

Mali, Financial info… Mali is a major recipient of foreign aid from many sources, including multilateral organizations (most significantly the World Bank, African, Development Bank, and Arab Funds), and bilateral programs funded by the European Union, France, United States, Canada, Netherlands, and Germany. Before 1991, the former Soviet Union had been a major source of economic and military aid, including construction of a cement plant and the Kalana gold mine. Currently, aid from Russia is restricted mainly to training and provision of spare parts. In 1998, U.S. assistance reached over $40 million. This included $39 million in sector support through United States Agency for International Development (USAID) programs, largely channelled to local communities through private voluntary agencies; Peace Corps program budget of $2.2 million for more than 160 Volunteers serving in Mali