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...
Corporate Author: | |
---|---|
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 |
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 |