Chile
Author | : International Monetary Fund Staff |
Publisher | : |
Total Pages | : 159 |
Release | : 1999-03 |
Genre | : |
ISBN | : 9780119854176 |
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Author | : International Monetary Fund Staff |
Publisher | : |
Total Pages | : 159 |
Release | : 1999-03 |
Genre | : |
ISBN | : 9780119854176 |
Author | : International Monetary Fund. Western Hemisphere Dept. |
Publisher | : International Monetary Fund |
Total Pages | : 54 |
Release | : 2013-07-08 |
Genre | : Business & Economics |
ISBN | : 1484316487 |
This Selected Issues paper for Chile describes the postcrisis recovery experience. The recovery from the 2008–2009 global crisis has been markedly different both among advanced and emerging economies. The steady improvement in the labor wedge-distortions related to the consumption leisure decision helped support the recovery. In Chile, the growth generated by this improvement, was sufficient to overcome the relatively weak performance of efficiency (TFP). Chile’s recovery has been characterized by strong investment growth, 0.8 percentage points higher than the precrisis trend. The establishment of the Financial Stability Council in 2011 is an important step to ensure close coordination among the institutions involved in Chile’s financial prudential framework.
Author | : International Monetary Fund |
Publisher | : |
Total Pages | : 25 |
Release | : 1999 |
Genre | : |
ISBN | : 9781452700489 |
Author | : Gilbert Terrier |
Publisher | : |
Total Pages | : 56 |
Release | : 2004 |
Genre | : |
ISBN | : |
Author | : International Monetary |
Publisher | : International Monetary Fund |
Total Pages | : 44 |
Release | : 2023-01-20 |
Genre | : Business & Economics |
ISBN | : |
Chile: Selected Issues
Author | : International Monetary Fund. Western Hemisphere Dept. |
Publisher | : International Monetary Fund |
Total Pages | : 73 |
Release | : 2018-11-09 |
Genre | : Business & Economics |
ISBN | : 1484384016 |
Selected Issues Paper
Author | : International Monetary Fund. Western Hemisphere Dept. |
Publisher | : International Monetary Fund |
Total Pages | : 103 |
Release | : 2021-04-23 |
Genre | : Business & Economics |
ISBN | : 1513572903 |
Selected Issues
Author | : |
Publisher | : |
Total Pages | : |
Release | : 2010 |
Genre | : |
ISBN | : |
Author | : International Monetary Fund. Western Hemisphere Dept. |
Publisher | : International Monetary Fund |
Total Pages | : 33 |
Release | : 2015-08-06 |
Genre | : Business & Economics |
ISBN | : 1513559850 |
This Selected Issues paper examines the effect of lower copper prices on Chile’s growth at various time horizons. This paper discusses the copper outlook and suggests that the fall in copper prices is likely to have a persistent (although not permanent) effect on GDP growth. It argues that copper prices are unlikely to return to historical highs in the near future. The paper also provides theoretical and empirical evidence supporting the view that long-term GDP growth will not be affected, but the transition toward a lower GDP level can take up to a decade.
Author | : International Monetary Fund |
Publisher | : International Monetary Fund |
Total Pages | : 58 |
Release | : 2010-09-29 |
Genre | : Business & Economics |
ISBN | : 1455208388 |
The cornerstone of Chile’s impressive fiscal performance and strong fiscal system has been its structural balance rule. It has helped to insulate public spending from copper price cycles and improve the government’s net financial position. Chile should adopt a full-fledged medium-term fiscal framework to improve fiscal planning and provide a framework for addressing temporary deviations from the fiscal rule. Publishing additional fiscal indicators in the budget, such as the non-copper structural balance, could provide more comprehensive information on the impact of fiscal policy on the domestic demand.