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This 2008 Article IV Consultation highlights that the Chilean economy has proved resilient in the face of strong economic and financial headwinds during the past year. Rising world prices for energy and food have been exacerbated by drought and a tight domestic energy situation. The government...
Persistent link: https://www.econbiz.de/10014402896
Chile's overall economic performance during 1990–97 was very strong. By early 1998, Chile faced the difficult …
Persistent link: https://www.econbiz.de/10014404536
Chile has successfully resisted contagion from neighboring countries' difficulties. Chile's inflation targeting … continues to serve Chile well. The interest in recapitalizing the central bank is welcomed. Executive Directors commend Chile … for the transparency of monetary and fiscal policies. Chile faces the essential task of returning to sustained economic …
Persistent link: https://www.econbiz.de/10014404792
This 2002 Article IV Consultation highlights that Chile’s economic fundamentals remain sound and have improved through … offset by a strong expansion of net export volumes. With a substantial decline in Chile’s terms of trade, however, the …
Persistent link: https://www.econbiz.de/10014407334
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country
Persistent link: https://www.econbiz.de/10014409348
The government has continued to pursue an unconventional strategy for economic recovery. Despite improved market sentiment which has eased financing constraints, the economic outlook remains difficult and large external and public financing needs leave Hungary exposed to risks. Maintaining...
Persistent link: https://www.econbiz.de/10014395262
Nepal is a post-conflict state seeking to formalize democracy in a challenging environment. Significant headway toward a new state has been made since the 2006 peace accord. Progress on a range of technical issues (including public financial management, monetary policy, and financial sector...
Persistent link: https://www.econbiz.de/10014395315
This 2012 Article IV Consultation reports that the United Kingdom's economic recovery has been sluggish, as the needed hand-off from public to private demand-led growth has not fully materialized. Economic activity is projected to gain modest momentum in future, but the pace of expansion is...
Persistent link: https://www.econbiz.de/10014395428
The Spanish economy suffered an unprecedented double-dip recession with the rising unemployment and public debt situation. Spain also suffered a reversal of private external financing flows in 2011 and 2012. To counter this situation, major policy actions have been taken in the banking sector....
Persistent link: https://www.econbiz.de/10014395429
In Tonga, the fiscal position has strengthened but vulnerabilities remain. Directors have welcomed Tonga’s recovery from the global crisis but noted remaining vulnerabilities and a high debt burden. With downside risks clouding the outlook, Directors have emphasized the importance of...
Persistent link: https://www.econbiz.de/10014395434