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Strengthening Chile's Rule-Based Fiscal Framework

Strengthening Chile's Rule-Based Fiscal Framework »

Source: Strengthening Chile's Rule-Based Fiscal Framework

Volume/Issue: 2011/17

Series: IMF Working Papers

Author(s): Teresa Daban Sanchez

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2011

ISBN: 9781455211982

Keywords: structural balance, resource revenue management, resource curse, accountability, resource-producing countries, fiscal policy, fiscal rule, expenditures, expenditure, Macroeconomic Policy

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 pre...

Strengthening Chile's Rule-Based Fiscal Framework

Strengthening Chile's Rule-Based Fiscal Framework »

Volume/Issue: 2011/17

Series: IMF Working Papers

Author(s): Teresa Daban Sanchez

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2011

DOI: http://dx.doi.org/10.5089/9781455211982.001

ISBN: 9781455211982

Keywords: structural balance, resource revenue management, resource curse, accountability, resource-producing countries, fiscal policy, fiscal rule, expenditures, expenditure, Macroeconomic Policy

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 pre...