Chile : Staff Report for the 2000 Article IV Consultation

Author/Editor:

International Monetary Fund

Publication Date:

August 9, 2000

Electronic Access:

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Summary:

Chile's overall economic performance during 1990–97 was very strong. By early 1998, Chile faced the difficult combination of a widening external current account deficit and a slowdown of capital inflows. The authorities scaled back expenditure plans and tightened monetary policy strongly to prevent a large depreciation of the currency. Executive Directors welcomed the new three-pillar framework for policies consisting of conservative, rules-based fiscal and monetary policies, greater emphasis on sound supervisory and regulatory frameworks, as well as new social policies.

Series:

Country Report No. 00/94

Subject:

Notes:

Included with the Staff Report are the text of Public Information Notice No. 00/56 and a statement by the authorities of Chile on August 9, 2000.

English

Publication Date:

August 9, 2000

ISBN/ISSN:

9781451807486/1934-7685

Stock No:

1CHLEA0012000

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

59

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