Chile: Selected Issues Paper
Electronic Access:
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Summary:
The cornerstone of Chile’s impressive fiscal performance and strong fiscal system has been its structural balance rule. It has helped to insulate public spending from copper price cycles and improve the government’s net financial position. Chile should adopt a full-fledged medium-term fiscal framework to improve fiscal planning and provide a framework for addressing temporary deviations from the fiscal rule. Publishing additional fiscal indicators in the budget, such as the non-copper structural balance, could provide more comprehensive information on the impact of fiscal policy on the domestic demand.
Series:
Country Report No. 2010/299
Subject:
Banking Expenditure Fiscal policy Fiscal rules Fiscal stance International trade Metal prices Prices Terms of trade
Frequency:
Quarterly
English
Publication Date:
September 29, 2010
ISBN/ISSN:
9781455208388/1934-7685
Stock No:
1CHLEA2010002
Pages:
58
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