How Long to Read Strengthening Chile's Rule-Based Fiscal Framework

By Ms.Teresa Daban Sanchez

How Long Does it Take to Read Strengthening Chile's Rule-Based Fiscal Framework?

It takes the average reader and 28 minutes to read Strengthening Chile's Rule-Based Fiscal Framework by Ms.Teresa Daban Sanchez

Assuming a reading speed of 250 words per minute. Learn more

Description

The cornerstone of Chile’s impressive fiscal performance has been its structural balance rule. By insulating public spending from short-term copper price fluctuations and the business cycle, the rule has helped preserve fiscal discipline. However, the implementation of the rule in recent years has revealed certain challenges, and in May 2010, the government established a high-level commission to recommend reforms that could make the rule even more effective. This paper assesses the scope for improving the design and implementation of the structural balance rule in light of best practices and OECD country experience with fiscal rules. This assessment suggests several options to strengthen Chile’s fiscal rule, including by simplifying the calculation of the structural balance; enhancing the rule’s flexibility, transparency and accountability; and complementing it with a medium-term fiscal framework.

How long is Strengthening Chile's Rule-Based Fiscal Framework?

Strengthening Chile's Rule-Based Fiscal Framework by Ms.Teresa Daban Sanchez is 28 pages long, and a total of 7,224 words.

This makes it 9% the length of the average book. It also has 9% more words than the average book.

How Long Does it Take to Read Strengthening Chile's Rule-Based Fiscal Framework Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 39 minutes to read Strengthening Chile's Rule-Based Fiscal Framework aloud.

What Reading Level is Strengthening Chile's Rule-Based Fiscal Framework?

Strengthening Chile's Rule-Based Fiscal Framework is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

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