Hidden Bibliographic Details
| Other authors / contributors: | Kaufman, Martin Daniel, 1965- author.
International Monetary Fund, issuing body.
International Monetary Fund. Western Hemisphere Department.
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| ISBN: | 1451894678
9781451894677
1281601543
9781281601544
1462383319
9781462383313
1452737150
9781452737157
9786613782236
6613782238
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| ISSN: | 2227-8885
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| Notes: | Includes bibliographical references (pages 26-27).
Restrictions unspecified
Electronic reproduction. [S.l.] : HathiTrust Digital Library, 2010.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
English.
digitized 2010 HathiTrust Digital Library committed to preserve
Print version record.
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| Summary: | The steady real effective appreciation of the Chilean peso since the late 1980s has raised concerns about the country's competitive position, especially with respect to its nontraditional export sectors. This paper reviews the evolution of certain price and nonprice competitiveness indicators in Chile and concludes that the pecuniary loss of competitiveness associated with the appreciation of the peso since the late 1980s has been broadly offset by productivity gains and adjustments in factor intensity, particularly in the manufacturing sector. However, there may be limited room for further advances from that point, which gives new prominence to certain policy issues such as structural reforms to increase productivity, a reassessment of the tax treatment of the mining sector, and a rebalancing of the macroeconomic policy mix to dampen speculative capital inflows.
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| Other form: | Print version: Guerguil, Martine. Competitiveness and the evolution of the real exchange rate in Chile. [Washington, DC] : International Monetary Fund, ©1998
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| Standard no.: | 10.5089/9781451894677.001
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