Chile and Ecuador are both Spanish speaking states located on the Southern Cone in Latin America.  Both Chile and Ecuador are known to most as being poverty stricken states.  In the article about these two states it discusses the economy of both states and the reason why Chile is in a better financial state than Ecuador.

Ecuador receives a large percent of export earnings from oil and Chile receives a rather small percent of export earnings from copper, but yet Chile has made better progress in lowering the poverty level among their citizens.  Most of this can be contributed to the free-market global trading order.  Ecuador decided not to join the free market, thus causing their poverty rate to increase in number.  Since, Chile has decided to join the free market which would allow Chile access to other markets around the world, it has increased its GDP.

On the other hand, Ecuador should follow in the footsteps of the Chilean industry in order to decrease poverty among its population and to bring in more income to assist with construction, technological investments, and infrastructural enhancements.  By going that route it would make their resource of oil bring in more revenue.