Strengthening Chile's Rule-Based Fiscal Framework

Strengthening Chile's Rule-Based Fiscal Framework
The cornerstone of Chile's impressive fiscal performance has been its structural balance rule. By insulating public spending from short-term copper price fluctuations and the business cycle, the rule has helped preserve fiscal discipline. However, the implementation of the rule in recent years has revealed certain challenges, and in May 2010,... READ MORE...

Publication date: January 2011
ISBN 9781455211982
$18.00

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