IMF Staff Country Reports

Chile: Selected Issues

Publication Date:

April 15, 1998

Electronic Access:

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Summary:

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.

Series:

Country Report No. 1998/026

Subject:

Balance of payments Current account Current account deficits Exports External debt Financial institutions International trade Stocks