Chile: 2023 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Chile

February 6, 2024

Preview Citation

Format: Chicago

Chile: 2023 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Chile, (USA: International Monetary Fund, 2024) accessed September 27, 2024

Summary

Macroeconomic imbalances built during the pandemic have been largely resolved, supported by strong policy responses. Inequality has declined somewhat but remains high. Weak investment and potential growth are constraining income convergence to advanced economies. Policy priorities have shifted toward making the economy more dynamic, inclusive, and greener, but the government is struggling to pass reforms in a fragmented parliament. The December referendum which rejected the draft constitution has reduced lingering uncertainty by bringing the process to a close for the coming years.

Subject: Fiscal policy, Fiscal stance, Income, Inflation, International organization, Monetary policy, National accounts, Prices, Public debt, Revenue administration

Keywords: Basket weight, Caribbean, CPI calculation methodology, CPI data, Fiscal stance, Global, Income, Inflation, Liability positions vis-à-vis nonresident, Money market rate

Publication Details

Pages:

91
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2024/041
Stock No:

1CHLEA2024001
ISBN:

9798400265907
ISSN:

1934-7685

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