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In response to high and chronic inflation, countries have adopted different stabilization policies. However, the extent to which these stabilization programs were designed for political motives is not clear. Since exchange-rate-based stabilizations (ERBS) create an initial consumption boom...
Persistent link: https://www.econbiz.de/10005263919
The 2006 Article IV Consultation on the Republic of Uzbekistan highlights the economic outlook and policy challenges. The banking system’s ability to fulfill its intermediary role has been constrained by limited credit expansion, given the strong growth in net foreign assets and the need...
Persistent link: https://www.econbiz.de/10011243358
The staff reports for the 2013 Article IV Consultation on the Chile discuss the strong and inclusive growth over the …
Persistent link: https://www.econbiz.de/10011244359
Persistent link: https://www.econbiz.de/10011245450
We investigate sources of economic fluctuations in Chile during 1998-2007 within the framework of a standard …, and government/trade wedges for business cycles in Chile. The purpose of this exercise is twofold: (i) focus the policy …
Persistent link: https://www.econbiz.de/10005263664
Persistent link: https://www.econbiz.de/10005264259
extrapolations from U.S.evidence. The analysis is illustrated for the case of Chile, though it could be applied to other countries. …
Persistent link: https://www.econbiz.de/10009203535
By the end of 2007, Chile's total factor productivity was lower than ten years earlier, a performance that contrasted … in Chile, by decomposing productivity into investment-specific technological change (associated with improvements in the … investment-specific technological improvements have contributed significantly to long-term growth in Chile, in line with trends …
Persistent link: https://www.econbiz.de/10008497610
. The Central Bank of Chile’s foreign exchange interventions in 2008 and 2011 had a small impact on the peso. …
Persistent link: https://www.econbiz.de/10010790289
This paper recounts Chile’s experience with capital account policies since the 1990s. We present how two external …
Persistent link: https://www.econbiz.de/10010790346