Chile : Selected Issues.

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 copp...

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Dades bibliogràfiques
Autor corporatiu: International Monetary Fund. Western Hemisphere Dept
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2015.
Col·lecció:IMF Staff Country Reports; Country Report ; No. 2015/228
Matèries:
Accés en línia:Full text available on IMF
Descripció
Sumari: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.
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Descripció física:1 online resource (33 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Accés:Electronic access restricted to authorized BRAC University faculty, staff and students