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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 D0Um7rC1QAVMvKOmyYZE/zag9Fj+eewW2Uj+LIiwVIHg1CrU/7W+3nINdA07b8tM
 9TVsBxHzxaqjQ+1G/K31nQ==

<SEC-DOCUMENT>0000903954-02-000060.txt : 20020414
<SEC-HEADER>0000903954-02-000060.hdr.sgml : 20020414
ACCESSION NUMBER:		0000903954-02-000060
CONFORMED SUBMISSION TYPE:	5
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20011231
FILED AS OF DATE:		20020211

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CHILE FUND INC
		CENTRAL INDEX KEY:			0000846676
		IRS NUMBER:				222990009
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		5
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-05770
		FILM NUMBER:		02534257

	BUSINESS ADDRESS:	
		STREET 1:		C/O CREDIT SUISSE ASSET MGMT, LLC
		STREET 2:		466 LEXINGTON AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		2128753500

	MAIL ADDRESS:	
		STREET 1:		CREDIT SUISSE ASSET MGMT, LLC
		STREET 2:		466 LEXINGTON AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
<REPORTING-OWNER>

COMPANY DATA:	
	COMPANY CONFORMED NAME:			CREDIT SUISSE ASSET MANAGEMENT LLC/NY
	CENTRAL INDEX KEY:			0000903954
<RELATIONSHIP>DIRECTOR
	IRS NUMBER:				133580284
	STATE OF INCORPORATION:			DE
	FISCAL YEAR END:			1231

FILING VALUES:
	FORM TYPE:		5

BUSINESS ADDRESS:	
	STREET 1:		466 LEXINGTON AVENUE
	STREET 2:		12TH FLOOR
	CITY:			NEW YORK
	STATE:			NY
	ZIP:			10017
	BUSINESS PHONE:		2128753500

MAIL ADDRESS:	
	STREET 1:		CREDIT SUISSE ASSET MANAGEMENT, LLC
	STREET 2:		466 LEXINGTON AVENUE 12TH FLOOR
	CITY:			NEW YORK
	STATE:			NY
	ZIP:			10017

FORMER COMPANY:	
	FORMER CONFORMED NAME:	BEA ASSOCIATES /NY
	DATE OF NAME CHANGE:	19930730

FORMER COMPANY:	
	FORMER CONFORMED NAME:	CREDIT SUISSE ASSET MANAGEMENT /NY
	DATE OF NAME CHANGE:	19990125
</REPORTING-OWNER>
</SEC-HEADER>
<DOCUMENT>
<TYPE>5
<SEQUENCE>1
<FILENAME>f5arzac-ch123101.txt
<DESCRIPTION>FORM 5 ON BEHALF OF DR. ARZAC FOR THE CHILE FUND
<TEXT>


                     U.S. SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                                     FORM 5

               ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

    Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
       Section 17(a) of the Public Utility Holding Company Act of 1935 or
               Section 30(f) of the Investment Company Act of 1940

[_]  Check box if no longer  subject to Section 16. Form 4 or Form 5 obligations
     may continue. See Instruction 1(b).

[_]  Form 3 Holdings Reported

[_]  Form 4 Transactions Reported

________________________________________________________________________________
1.   Name and Address of Reporting Person*

Arzac,                               Dr. Enrique          R.
- --------------------------------------------------------------------------------
   (Last)                            (First)              (Middle)

c/o Credit Suisse Asset Management, LLC
466 Lexington Avenue
- --------------------------------------------------------------------------------
                                    (Street)

New York,                            New York               10017
- --------------------------------------------------------------------------------
   (City)                            (State)                (Zip)
________________________________________________________________________________
2.   Issuer Name and Ticker or Trading Symbol

The Chile Fund, Inc. ("CH")

________________________________________________________________________________
3.   IRS Identification Number of Reporting Person, if an Entity (Voluntary)

###-##-####

________________________________________________________________________________
4.   Statement for Month/Year

12/01

________________________________________________________________________________
5.   If Amendment, Date of Original (Month/Year)



________________________________________________________________________________
6.   Relationship of Reporting Person to Issuer
     (Check all applicable)

     [X]  Director                             [_]  10% Owner
     [_]  Officer (give title below)           [_]  Other (specify below)

________________________________________________________________________________
7.   Individual or Joint/Group Filing
     (Check applicable line)

     [X]  Form filed by one Reporting Person
     [_]  Form filed by more than one Reporting Person
________________________________________________________________________________


================================================================================
           Table I -- Non-Derivative Securities Acquired, Disposed of,
                             or Beneficially Owned
================================================================================
<TABLE>
<CAPTION>
                                                                                                 5.             6.
                                                                 4.                              Amount of      Owner-
                                                                 Securities Acquired (A) or      Securities     ship
                                                                 Disposed of (D)                 Beneficially   Form:     7.
                                                                 (Instr. 3, 4 and 5)             Owned at End   Direct    Nature of
                                      2.            3.           -----------------------------   of Issuer's    (D) or    Indirect
1.                                    Transaction   Transaction                  (A)             Fiscal Year    Indirect  Beneficial
Title of Security                     Date          Code             Amount      or     Price    (Instr. 3      (I)       Ownership
(Instr. 3)                            (mm/dd/yy)    (Instr. 8)                   (D)             and 4)         (Instr.4) (Instr. 4)
- ------------------------------------------------------------------------------------------------------------------------------------
<S>                                   <C>           <C>          <C>             <C>    <C>      <C>            <C>       <C>

Common Stock***                       12/24/01      P            141.80          A      8.78     1534.55        D         N/A
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock***                       07/18/01      P            139.44          A      8.93                    D         N/A
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock***                       02/05/01      P            253.30          A      9.83                    D         N/A
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</TABLE>
*    If the form is filed by more than one  Reporting  Person,  see  Instruction
     4(b)(v).

Reminder:  Report on a separate line for each class of  securities  beneficially
owned directly or indirectly.

                           (Print or Type Responses)                      (Over)

<PAGE>


FORM 5 (continued)

Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
         (e.g., puts, calls, warrants, options, convertible securities)

================================================================================
<TABLE>
<CAPTION>
                                                                                                          9.        10.
                                                                                                          Number    Owner-
                                                                                                          of        ship
                    2.                                                                                    Deriv-    of
                    Conver-                    5.                              7.                         ative     Deriv-   11.
                    sion                       Number of                       Title and Amount           Secur-    ative    Nature
                    or                         Derivative    6.                of Underlying     8.       ities     Secur-   of
                    Exer-                      Securities    Date              Securities        Price    Bene-     ity:     In-
                    cise     3.                Acquired (A)  Exercisable and   (Instr. 3 and 4)  of       ficially  Direct   direct
                    Price    Trans-   4.       or Disposed   Expiration Date   ----------------  Deriv-   Owned     (D) or   Bene-
1.                  of       action   Trans-   of (D)        (Month/Day/Year)            Amount  ative    at End    In-      ficial
Title of            Deriv-   Date     action   (Instr. 3,    ----------------            or      Secur-   of        direct   Owner-
Derivative          ative    (Month/  Code     4 and 5)      Date     Expira-            Number  ity      Year      (I)      ship
Security            Secur-   Day/     (Instr.  ------------  Exer-    tion               of      (Instr.  (Instr.   (Instr.  (Instr.
(Instr. 3)          ity      Year)    8)        (A)   (D)    cisable  Date     Title     Shares  5)       4)        4)       4)
- ------------------------------------------------------------------------------------------------------------------------------------
<S>                 <C>      <C>      <C>       <C>   <C>    <C>      <C>      <C>       <C>     <C>      <C>       <C>      <C>


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====================================================================================================================================
</TABLE>
Explanation  of  Responses:

*** These shares were acquired  pursuant to a transaction  approved by the Board
of Directors of the issuer whereby 50% of each director's annual retainer fee is
paid in the form of shares of the issuer acquired by the issuer's transfer agent
on a quarterly  basis in  open-market  purchases at a formula price equal to the
then prevailing market price on the date of purchase,  and are being reported on
Form 5 pursuant to Rule  16a-3(f)(i) as  transactions  exempt from Section 16(b)
under Rule 16b-3(d)(1).




s/s Dr. Enrique R. Arzac                                       02-06-2002
- ---------------------------------------------            -----------------------
      **Signature of Reporting Person                             Date

**   Intentional misstatements or omissions of facts constitute Federal Criminal
     Violations.

See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note:  File three copies of this form, one of which must be manually signed.
       If space provided is insufficient, see Instruction 6 for procedure.


                                                                          Page 2



</TEXT>
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