IMF Staff Country Reports

Chile: Staff Report for the 2004 Article IV Consultation

September 13, 2004

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Chile: Staff Report for the 2004 Article IV Consultation, (USA: International Monetary Fund, 2004) accessed December 26, 2024

Summary

This 2004 Article IV Consultation highlights that over the past two decades, Chile has adhered to a sound and consistent policy framework. During 2000–03, the actual overall balance of the central government registered a deficit of just below 1 percent of GDP. Since the beginning of 2004, economic activity has picked up, in the context of a favorable external environment. The global economic recovery has helped boost export demand, particularly copper, the price of which has nearly doubled since end-2002.

Subject: Banking, Exports, External debt, Fiscal policy, Fiscal stance, Inflation, International trade, Prices, Public debt

Keywords: Central bank, Countercyclical monetary policy, CR, Debt management strategy, Exports, Fiscal policy, Fiscal stance, Global, II initiative, Inflation, Inflation target range, ISCR, Leadership role, Monetary policy, Price, Target band

Publication Details

  • Pages:

    58

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2004/291

  • Stock No:

    1CHLEA0022004

  • ISBN:

    9781451807578

  • ISSN:

    1934-7685