Structural Balance Policy in Chile [E-Book] / Jorge C. Rodriguez, Carla R. Tokman and Alejandra C. Vega
Rodriguez, Jorge C..
Tokman, Carla R.. / Vega, Alejandra C..
Paris : OECD Publishing, 2007
36 p.
Full Text
Since 2001, Chile’s fiscal policy has been built on the concept of a central government structural balance. The Fiscal Responsibility Law, approved in 2006, gave legal force to key aspects of the structural surplus and fiscal policy. This article assesses the results of the structural surplus rule in Chile over the past six years.