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Structural Balance Policy in Chile [electronic resource] / Jorge C. Rodriguez, Carla R. Tokman and Alejandra C. Vega

By: Contributor(s): Material type: ArticleArticlePublication details: Paris : OECD Publishing, 2007.Description: 36 pSubject(s): Online resources: In: OECD Journal on Budgeting Vol. 7, no. 2, p. 59-92Abstract: 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.
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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.

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