Do development considerations matter for exchange rate policy?

Chile was one of the world’s fastest-growing economies in the 1990s. Its growth rate of 6.8 percent per year from 1990 to 2000 (inclusive) was the seventh highest in the world, and by far the highest in Latin America. Poverty was halved, and while this was overwhelmingly due to growth rather than a...

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Autor principal:	Williamson, John
Formato:	Artículo
Lenguaje:	eng
Publicado:	Banco Central de Chile 2019
Materias:	TIPO DE CAMBIO POLÍTICA MONETARIA DESARROLLO ECONÓMICO BANCO CENTRAL DE CHILE
Acceso en línea:	https://hdl.handle.net/20.500.12580/3742
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spelling	oai-20.500.12580-37422021-04-24T11:02:01Z Do development considerations matter for exchange rate policy? Williamson, John TIPO DE CAMBIO POLÍTICA MONETARIA DESARROLLO ECONÓMICO BANCO CENTRAL DE CHILE Chile was one of the world’s fastest-growing economies in the 1990s. Its growth rate of 6.8 percent per year from 1990 to 2000 (inclusive) was the seventh highest in the world, and by far the highest in Latin America. Poverty was halved, and while this was overwhelmingly due to growth rather than a reduction in the concentration of income, public services became much more equitably distributed. Inflation fell progressively from over 20 percent at the beginning of the decade to under 4 percent at the end. My own explanation of this success centers on the well-rounded policy measures that were implemented in Chile over the period. The Central Bank was one of the institutions responsible for implementing these successful policies. 2019-11-01T00:04:06Z 2019-11-01T00:04:06Z 2008 Artículo 978-956-7421-30-5 https://hdl.handle.net/20.500.12580/3742 eng Series on Central Banking, Analysis, and Economic Policies, no. 12 Attribution-NonCommercial-NoDerivs 3.0 Chile http://creativecommons.org/licenses/by-nc-nd/3.0/cl/ .pdf Sección o Parte de un Documento p. 475-489 application/pdf CHILE Banco Central de Chile
institution	Banco Central
collection	Banco Central
language	eng
topic	TIPO DE CAMBIO POLÍTICA MONETARIA DESARROLLO ECONÓMICO BANCO CENTRAL DE CHILE
spellingShingle	TIPO DE CAMBIO POLÍTICA MONETARIA DESARROLLO ECONÓMICO BANCO CENTRAL DE CHILE Williamson, John Do development considerations matter for exchange rate policy?
description	Chile was one of the world’s fastest-growing economies in the 1990s. Its growth rate of 6.8 percent per year from 1990 to 2000 (inclusive) was the seventh highest in the world, and by far the highest in Latin America. Poverty was halved, and while this was overwhelmingly due to growth rather than a reduction in the concentration of income, public services became much more equitably distributed. Inflation fell progressively from over 20 percent at the beginning of the decade to under 4 percent at the end. My own explanation of this success centers on the well-rounded policy measures that were implemented in Chile over the period. The Central Bank was one of the institutions responsible for implementing these successful policies.
format	Artículo
author	Williamson, John
author_facet	Williamson, John
author_sort	Williamson, John
title	Do development considerations matter for exchange rate policy?
title_short	Do development considerations matter for exchange rate policy?
title_full	Do development considerations matter for exchange rate policy?
title_fullStr	Do development considerations matter for exchange rate policy?
title_full_unstemmed	Do development considerations matter for exchange rate policy?
title_sort	do development considerations matter for exchange rate policy?
publisher	Banco Central de Chile
publishDate	2019
url	https://hdl.handle.net/20.500.12580/3742
work_keys_str_mv	AT williamsonjohn dodevelopmentconsiderationsmatterforexchangeratepolicy
_version_	1718346267829993472

Do development considerations matter for exchange rate policy?

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