Chile is occupying a long, narrow strip of land between the Andes to the east and the Pacific Ocean to the west. It borders Peru to the north, Bolivia to the northeast, Argentina to the east, and the Drake Passage in the far south. The arid Atacama Desert in northern Chile contains great mineral wealth, principally copper. The Southern part is rich in forests and grazing lands, and features a string of volcanoes and lakes. The southern coast is a labyrinth of fjords, inlets, canals, twisting peninsulas, and islands. It is today one of South America’s most stable and prosperous nations. It leads Latin American nations in rankings of human development, competitiveness, income per capita, globalization, peace, economic, and low perception of corruption. Chile also claims about 1,250,000 square kilometres (480,000 sq mi) of Antarctica, although all claims are suspended under the Antarctic Treaty. Chile is today one of South America’s most stable and prosperous nations.
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