Chile Institutions and Policies Underpinning Stability and Growth

This paper presents the primary institutions and economic policies that have led to Chile’s remarkable record of stability and growth over the past twenty years. The core of this policy stance is the combination of fiscal discipline and an open trade policy regime, together with carefully sequenced...

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Bibliographic Details
Main Author: Kalter, Eliot
Other Authors: Espinosa-Vega, Marco, Luzio, Rodolfo, Phillips, Steven
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2004
Series:Occasional Papers
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This paper presents the primary institutions and economic policies that have led to Chile’s remarkable record of stability and growth over the past twenty years. The core of this policy stance is the combination of fiscal discipline and an open trade policy regime, together with carefully sequenced financial liberalization with in a strengthened regulatory framework.Chile has succeeded in sustaining these policies-despite external and domestic forces to the contrary-because of carefully designed institutional arrangements that encourage policies oriented toward long-term success
Physical Description:96 pages
ISBN:9781589063259