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 seque...

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Bibliographic Details
Main Author: Kalter, Eliot
Other Authors: Phillips, Steven, Singh, Manmohan, Villafuerte, Mauricio
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2004.
Series:Occasional Papers; Occasional Paper ; No. 2004/008
Online Access:Full text available on IMF
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.
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Physical Description:1 online resource (96 pages)
Format:Mode of access: Internet
ISSN:0251-6365
Access:Electronic access restricted to authorized BRAC University faculty, staff and students