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...

Fuld beskrivelse

Bibliografiske detaljer
Institution som forfatter: International Monetary Fund. Western Hemisphere Dept
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2015.
Serier:IMF Staff Country Reports; Country Report ; No. 2015/228
Fag:
Online adgang:Full text available on IMF
Beskrivelse
Summary: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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Fysisk beskrivelse:1 online resource (33 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Adgang:Electronic access restricted to authorized BRAC University faculty, staff and students