01771cas a2200253 a 4500 AALejournalIMF000608 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451847833 1018-5941 BD-DhAAL BD-DhAAL Guerguil, Martine. Competitiveness and the Evolution of the Real Exchange Rate in Chile / Martine Guerguil, Martin Kaufman. Washington, D.C. : International Monetary Fund, 1998. 1 online resource (27 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students 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. Mode of access: Internet Kaufman, Martin. IMF Working Papers; Working Paper ; No. 1998/058 Full text available on IMF http://elibrary.imf.org/view/journals/001/1998/058/001.1998.issue-058-en.xml IMF e-Library