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Resposabilidad fiscal en Chile:propuestas para seguir avanzando

Author

Listed:
  • Eric, Parrado

    (Universidad Adolfo Ibáñez. Escuela de Negocios)

  • Jorge, Rodríguez

    (Corporación de Estudios para Latinoamérica (CIEPALN), Santiago)

  • Andrés, Velasco

    (Columbia University, New York City)

Abstract

In recent decades, Chile has implemented fiscal responsibility policies, which have generated substantial benefits for the country. In 2000 these policies were institutionalized following the structural balance approach, which to date has been applied both in booms and in the 2008-2009 international financial crisis. In light of this experience, this paper proposes to take additional steps to ensure the long term sustainability of our public finances. The recommendations include, among others, aspects of information and transparency, the methodology for calculating the structural balance, strengthening fiscal institutions and the management of assets and debt.

Suggested Citation

  • Eric, Parrado & Jorge, Rodríguez & Andrés, Velasco, 2012. "Resposabilidad fiscal en Chile:propuestas para seguir avanzando," Estudios Públicos, Centro de Estudios Públicos, vol. 0(127), pages 90-122.
    • Handle: RePEc:cpt:journl:v::y:2012:i:127:p:90-122
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    File URL: https://estudiospublicos.cl/index.php/cep/article/view/302/395
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    Citations

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    Cited by:

    1. Ricardo Ffrench-Davis, 2015. "La Experiencia de Chile con el Balance Fiscal Estructural, 2001-2013," Working Papers wp400, University of Chile, Department of Economics.

    More about this item

    Keywords

    fiscal policy; structural balance; public finance;
    All these keywords.

    JEL classification:

    • G3 - Financial Economics - - Corporate Finance and Governance
    • H0 - Public Economics - - General
    • H3 - Public Economics - - Fiscal Policies and Behavior of Economic Agents

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