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Author
Frankel, Jeffrey A. (1)
Subject
GASTOS PÚBLICOS (1)
POLÍTICA FISCAL (1)
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Date Issued
2013 (1)
Document Type
Artículo (1)
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A solution to fiscal procyclicality: the structural budget institutions pioneered by Chile 

Author
Frankel, Jeffrey A.
Date
Banco Central de Chile, 2013
Subject
POLÍTICA FISCAL; GASTOS PÚBLICOS
In June 2008 the President of Chile Michelle Bachelet had a low approval rating for management of the economy in particular. There were undoubtedly multiple reasons for this but a major reason was popular resentment that the government had resisted intense pressure to spend soaring receipts from copper ...
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