Chile Staff Report for the 2000 Article IV Consultation

Chile's overall economic performance during 1990-97 was very strong. By early 1998, Chile faced the difficult combination of a widening external current account deficit and a slowdown of capital inflows. The authorities scaled back expenditure plans and tightened monetary policy strongly to pre...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2000
Series:IMF Staff Country Reports
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:Chile's overall economic performance during 1990-97 was very strong. By early 1998, Chile faced the difficult combination of a widening external current account deficit and a slowdown of capital inflows. The authorities scaled back expenditure plans and tightened monetary policy strongly to prevent a large depreciation of the currency. Executive Directors welcomed the new three-pillar framework for policies consisting of conservative, rules-based fiscal and monetary policies, greater emphasis on sound supervisory and regulatory frameworks, as well as new social policies
Physical Description:59 pages
ISBN:9781451807486