Chile : Staff Report for the 2001 Article IV Consultation.

Chile's economic performance was very strong during most of the 1990s, but the country suffered a recession in 1998-99. In early 1998, Chile faced a widening external current account deficit-resulting from surging domestic demand and a large drop in copper export prices-which together with turb...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2001.
Series:IMF Staff Country Reports; Country Report ; No. 2001/116
Online Access:Full text available on IMF
Description
Summary:Chile's economic performance was very strong during most of the 1990s, but the country suffered a recession in 1998-99. In early 1998, Chile faced a widening external current account deficit-resulting from surging domestic demand and a large drop in copper export prices-which together with turbulence in world financial markets weakened investor confidence and put downward pressure on the currency. Chile has maintained a very open trade regime and has continued with the unilateral phased reduction of its uniform external tariff rate.
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Physical Description:1 online resource (57 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students