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Chile: Selected Issues

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  • International Monetary Fund

Abstract

This Selected Issues paper for Chile assesses the impact of the global financial crisis on Chilean banks. It provides a framework for analyzing government measures aimed at reducing systemic risk. The analysis suggests that Chilean banks are resilient to global and regional shocks. However, even in the absence of direct exposures with other countries in the region, there may be risk spillovers from other banks in the region and in advanced economies. The paper also presents options for further strengthening Chile’s fiscal framework.

Suggested Citation

  • International Monetary Fund, 2009. "Chile: Selected Issues," IMF Staff Country Reports 2009/272, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2009/272
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=23263
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    References listed on IDEAS

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    2. Daron Acemoglu & Philippe Aghion & Fabrizio Zilibotti, 2006. "Distance to Frontier, Selection, and Economic Growth," Journal of the European Economic Association, MIT Press, vol. 4(1), pages 37-74, March.
    3. Robert J. Gordon, 2003. "Exploding Productivity Growth: Context, Causes, and Implications," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 34(2), pages 207-298.
    4. Andreas Hornstein & Per Krusell, 1996. "Can Technology Improvements Cause Productivity Slowdowns?," NBER Chapters, in: NBER Macroeconomics Annual 1996, Volume 11, pages 209-276, National Bureau of Economic Research, Inc.
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    Cited by:

    1. Eric M. Leeper, 2009. "Anchors Away: How Fiscal Policy Can Undermine “Good” Monetary Policy," CAEPR Working Papers 2009-021, Center for Applied Economics and Policy Research, Department of Economics, Indiana University Bloomington.
    2. International Monetary Fund, 2010. "Guyana: Selected Issues," IMF Staff Country Reports 2010/293, International Monetary Fund.

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