## 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](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)

## Other formats

- [Markdown version](/en/publications/cr/issues/2018/11/09/chile-2018-article-iv-consultation-press-release-staff-report-and-statement-by-the-executive-46347/index.md)
- [Structured JSON version](/en/publications/cr/issues/2018/11/09/chile-2018-article-iv-consultation-press-release-staff-report-and-statement-by-the-executive-46347/index.json)
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## Bibliographic details
- Published: November 9, 2018
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484383902.002

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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.
- 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

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## Content in this bundle

- **Country Report**
  - [Country Report (Markdown version)](/-/media/files/publications/cr/2018/cr18311-chile-bundle.pdf.md){rel="alternate" type="text/markdown"}
  - [Country Report (PDF)](/-/media/files/publications/cr/2018/cr18311-chile-bundle.pdf){rel="external" type="application/pdf"}

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_Source: 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_
