## Chile: Staff Report for the 2015 Article IV Consultation

_IMF Staff Country Reports, August 6, 2015_

## Source details

**Canonical URL:** [Chile: Staff Report for the 2015 Article IV Consultation](https://www.imf.org/en/publications/cr/issues/2016/12/31/chile-staff-report-for-the-2015-article-iv-consultation-43182)

## Other formats

- [Markdown version](/en/publications/cr/issues/2016/12/31/chile-staff-report-for-the-2015-article-iv-consultation-43182/index.md)
- [Structured JSON version](/en/publications/cr/issues/2016/12/31/chile-staff-report-for-the-2015-article-iv-consultation-43182/index.json)
- [Bundle manifest](/en/publications/cr/issues/2016/12/31/chile-staff-report-for-the-2015-article-iv-consultation-43182/bundle-manifest.json)

## Bibliographic details
- Published: August 6, 2015
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781513551067.002

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### Growth performance and outlook
- GDP growth "has remained lackluster over the past year."
- The IMF staff expects growth to increase modestly to 2.5 percent in 2015.
- Private domestic demand should strengthen somewhat in 2016, driven primarily by:
  - "very simulative monetary conditions"
  - "a gradual recovery of business confidence" that sustains private investment.

### Main drivers of the 2014 slowdown
- The main force behind the economic slowdown in 2014 was "the sharp fall in private investment."
- Causes of the fall in private investment:
  - "the consequence of the end of the mining boom"
  - "reflecting the uncertainty and adjustment costs associated with the structural reform agenda."

### Policy stance and supportive measures
- Fiscal policy: "strong fiscal support" is cited as a main reason for the modest growth rebound in 2015.
- Monetary policy: described as "very simulative," supporting a recovery in private domestic demand and private investment.

### Thematic coverage (as presented)
- Credit
- Economic sectors
- External debt
- International organization
- Metal prices
- Mining sector
- Monetary policy
- Money
- Prices
- Public debt

*Source: Chile: Staff Report for the 2015 Article IV Consultation (IMF Staff Country Report No. 2015/227, August 6, 2015).*

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## Content in this bundle

- **The Role of Domestic and External Factors in the Fall of Private Investment**
  - [The Role of Domestic and External Factors in the Fall of Private Investment (Markdown version)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2015/_cr15227.pdf.md){rel="alternate" type="text/markdown"}
  - [The Role of Domestic and External Factors in the Fall of Private Investment (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2015/_cr15227.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/chile-staff-report-for-the-2015-article-iv-consultation-43182_