Chile : 2013 Article IV Consultation

Publication Date: July 08, 2013
Electronic Access: Free Full text (PDF file size is 1,531KB).
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Summary: The staff reports for the 2013 Article IV Consultation on the Chile discuss the strong and inclusive growth over the medium term. Technocratic, rules-based, and transparent policy management; monetary policy under a floating exchange rate undertaken by a credible central bank; and prudent fiscal policy, since 2001 under a near-legendary fiscal rule, has enhanced policy clarity, reinforced Chile’s resilience to shocks, and allowed for vigorous policy responses when needed, as after the global financial crisis and the earthquake. The widening current account deficit and the increased reliance on debt financing have increased balance of payments stability risks and Chile’s exposure to sudden stops.
Series: Country Report No. 13/198
Subject(s): Article IV consultation reports | Economic growth | Demand | Fiscal policy | Banking sector | Bank legislation | Monetary policy | Economic indicators | Public information notices | Chile

Publication Date: July 08, 2013
ISBN/ISSN: 9781475549836/1934-7685 Format: Paper
Stock No: 1CHLEA2013001 Pages: 54
US$18.00 (Academic Rate:
US$18.00 )
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