{
  "title": "Chile: 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Chile",
  "publication": "IMF Staff Country Reports, November 9, 2018",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2018/11/09/chile-2018-article-iv-consultation-press-release-staff-report-and-statement-by-the-executive-46347",
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  "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.",
  "sections": [
    {
      "heading": "Summary",
      "content": "- 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.\n- 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."
    },
    {
      "heading": "Major themes and substantive findings",
      "content": "- Macroeconomic context\n  - Recovery following a prolonged slowdown that began with the decline in copper prices in 2011 and intensified over the past two years.\n  - Policy objective under the new administration: reinvigorate investment and economic growth through structural reforms.\n  - Political constraint: a divided Congress may limit the scope of reforms.\n\n- Policy areas covered (subjects listed)\n  - Banking\n  - External debt\n  - Fiscal policy\n  - Fiscal stance\n  - Inflation\n  - Labor\n  - Labor markets\n  - Prices\n  - Public debt\n\n- Keywords and technical terms (verbatim)\n  - 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\n\n---\n\n Content in this bundle\n\n- Country Report\n  - Country Report (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Country Report (PDF){rel=\"external\" type=\"application/pdf\"}"
    }
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    "Published: November 9, 2018",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781484383902.002",
    "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.",
    "Macroeconomic context",
    "Policy areas covered (subjects listed)",
    "Keywords and technical terms (verbatim)",
    "**Country Report**"
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