IMF Staff Country Reports

Chile: Staff Report for the 2002 Article IV Consultation

July 31, 2002

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Chile: Staff Report for the 2002 Article IV Consultation, (USA: International Monetary Fund, 2002) accessed November 21, 2024

Summary

This 2002 Article IV Consultation highlights that Chile’s economic fundamentals remain sound and have improved through the evolution of the policy regime in recent years. Yet the country is operating in a difficult environment for several years, now coping with a sequence of negative shocks. Real GDP grew by 2.8 percent in 2001, as weakening domestic demand was offset by a strong expansion of net export volumes. With a substantial decline in Chile’s terms of trade, however, the external current account deficit has widened moderately, to about 2 percent of GDP.

Subject: Banking, Exchange rates, Exports, External debt, Foreign exchange, International trade, Labor, Metal prices, Prices

Keywords: CR, Exchange market intervention, Exchange rate, Exchange rates, Exports, Global, Interest rate, ISCR, Metal prices, Policy council, Policy development, Policy horizon, Rate pass-through, Regime

Publication Details

  • Pages:

    59

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2002/155

  • Stock No:

    1CHLEA0012002

  • ISBN:

    9781451807509

  • ISSN:

    1934-7685