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dc.titleStructural Volatility in Chile: A Policy Report
dc.contributor.authorCaballero, Ricardo J.
dc.contributor.orgunitDepartment of Research and Chief Economist
dc.coverageChile
dc.date.available2011-02-04T00:00:00
dc.date.issue2000-08-01T00:00:00
dc.description.abstractThis paper identifies Chile's economic weaknesses and offers policy recommendations for increasing stability. Current problems include weak international financial links, a Central Bank mandate that is ill-designed to deal with terms of trade shocks, a propensity to waste scarce liquidity in the banking system; and limited development of financial markets. The paper's policy recommendations include improving external financial links, molding terms of trade contingencies into anti-cyclical policies, Improving liquidity aggregation through and within the banking sector during crises, and improving the liquidity and immediacy of domestic financial instruments.
dc.format.extent52
dc.identifier.doihttp://dx.doi.org/10.18235/0010780
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Structural-Volatility-in-Chile-A-Policy-Report.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.subjectFinancial Sector
dc.subjectCapital Flow
dc.subject.keywordseconomic stabilization;WP-421;economic policy;structural adjustment
dc.typeWorking Papers
idb.identifier.pubnumberWorking Papers
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