Chile: 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Chile
IMF Staff Country Reports, November 9, 2018
Source details
- Canonical URL
- Chile: 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Chile
Other formats
Bibliographic details
- Published: November 9, 2018
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484383902.002
Summary
- The Chilean economy is recovering from a prolonged slowdown that started with the decline in copper prices in 2011 and intensified over the past two years.
- The new administration, which took office in March, aims at reinvigorating investment and economic growth through structural reforms, but a divided Congress may constrain the reform space.
Major themes and substantive findings
- Macroeconomic context
- Recovery following a prolonged slowdown that began with the decline in copper prices in 2011 and intensified over the past two years.
- Policy objective under the new administration: reinvigorate investment and economic growth through structural reforms.
- Political constraint: a divided Congress may limit the scope of reforms.
- Policy areas covered (subjects listed)
- Banking
- External debt
- Fiscal policy
- Fiscal stance
- Inflation
- Labor
- Labor markets
- Prices
- Public debt
- Keywords and technical terms (verbatim)
- authorities aim, Caribbean, core inflation, CR, economic activity, financial asset, Fiscal stance, Global, headline inflation, holding, Inflation, ISCR, Labor markets, liability positions vis-à-vis nonresident, methodology of the consumer price index, money market rate, regulation framework, state
Content in this bundle
- Country Report