Author: International Monetary Fund StaffPublisher:
ISBN: 9780119854176
Category :
Languages : en
Pages : 159
Book Description
Chile
Author: International Monetary Fund StaffPublisher:
ISBN: 9780119854176
Category :
Languages : en
Pages : 159
Book Description
Chile
Author: International Monetary Fund. Western Hemisphere Dept.Publisher: International Monetary Fund
ISBN: 1484316487
Category : Business & Economics
Languages : en
Pages : 54
Book Description
This Selected Issues paper for Chile describes the postcrisis recovery experience. The recovery from the 2008–2009 global crisis has been markedly different both among advanced and emerging economies. The steady improvement in the labor wedge-distortions related to the consumption leisure decision helped support the recovery. In Chile, the growth generated by this improvement, was sufficient to overcome the relatively weak performance of efficiency (TFP). Chile’s recovery has been characterized by strong investment growth, 0.8 percentage points higher than the precrisis trend. The establishment of the Financial Stability Council in 2011 is an important step to ensure close coordination among the institutions involved in Chile’s financial prudential framework.
Chile: Selected Issues
Author: International Monetary FundPublisher:
ISBN: 9781452700489
Category :
Languages : en
Pages : 25
Book Description
Chile: Selected Issues
Author: Gilbert TerrierChile
Author: International MonetaryPublisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 44
Book Description
Chile: Selected Issues
Chile
Author: International Monetary Fund. Western Hemisphere Dept.Publisher: International Monetary Fund
ISBN: 1484384016
Category : Business & Economics
Languages : en
Pages : 73
Book Description
Selected Issues Paper
Chile
Author: Chile
Author: International Monetary Fund. Western Hemisphere Dept.Publisher: International Monetary Fund
ISBN: 1513559850
Category : Business & Economics
Languages : en
Pages : 33
Book Description
This Selected Issues paper examines the effect of lower copper prices on Chile’s growth at various time horizons. This paper discusses the copper outlook and suggests that the fall in copper prices is likely to have a persistent (although not permanent) effect on GDP growth. It argues that copper prices are unlikely to return to historical highs in the near future. The paper also provides theoretical and empirical evidence supporting the view that long-term GDP growth will not be affected, but the transition toward a lower GDP level can take up to a decade.
Chile
Author: International Monetary FundPublisher: International Monetary Fund
ISBN: 1455208388
Category : Business & Economics
Languages : en
Pages : 58
Book Description
The cornerstone of Chile’s impressive fiscal performance and strong fiscal system has been its structural balance rule. It has helped to insulate public spending from copper price cycles and improve the government’s net financial position. Chile should adopt a full-fledged medium-term fiscal framework to improve fiscal planning and provide a framework for addressing temporary deviations from the fiscal rule. Publishing additional fiscal indicators in the budget, such as the non-copper structural balance, could provide more comprehensive information on the impact of fiscal policy on the domestic demand.
Chile
Author: International Monetary Fund. Western Hemisphere DepartmentPublisher:
ISBN: 9781513590653
Category :
Languages : en
Pages : 33
Book Description
This Selected Issues paper examines the effect of lower copper prices on Chile's growth at various time horizons. This paper discusses the copper outlook and suggests that the fall in copper prices is likely to have a persistent (although not permanent) effect on GDP growth. It argues that copper prices are unlikely to return to historical highs in the near future. The paper also provides theoretical and empirical evidence supporting the view that long-term GDP growth will not be affected, but the transition toward a lower GDP level can take up to a decade.