Chile: Selected Issues

International Monetary Fund

No 1998/026, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues paper examines economic developments in Chile during 1995–97. Average output growth exceeded 7 percent in 1995–97 and twelve-month inflation fell from 9 percent at end-1994 to 6 percent at end-1997. Economic management during this period was complicated by a sharp swing in export prices, and—up to the last quarter of 1997—strong and rising capital inflows. After a surge in 1995, the price of copper declined by more than 20 percent in 1996, recovered in early 1997, and fell sharply later in the year.

Keywords: ISCR; CR; exchange rate; productivity; Chile; appreciation; market share; current account deficit; U.S. dollar; productivity gain; factor endowment; RER appreciation; export market shares; broad money; Current account deficits; Stocks; Exports; Current account; East Asia; Asia and Pacific (search for similar items in EconPapers)
Pages: 158
Date: 1998-04-15
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