Publication: Chile - Towards Results - Oriented Budgeting
Panzardi, Roberto O.
Chile successfully completed the first generation of reforms during the 1980's and 1990's. Privatization, deregulation, trade liberalization, and sound fiscal and monetary policies were pursued over several administrations. Public finances improved principally as a result of major structural reforms, particularly in the reduction of the state and in the reform of the pension system, but also due to tight controls on spending and extensive reforms in revenue policy and administration. Significant innovations also were made in the areas of health and education service delivery, pensions and social security, and e-Government.
“Panzardi, Roberto O.. 2005. Chile - Towards Results - Oriented Budgeting. en breve; No. 81. © World Bank, Washington, DC. http://openknowledge.worldbank.org/entities/publication/3b629229-9cbf-5f09-8ede-937249cf52f1 License: CC BY 3.0 IGO.”