American fiscal policy has been procyclical: Washington wasted the expansion period 2001-2007 by running budget deficits, but by 2011 had come to feel constrained by inherited debt to withdraw fiscal stimulus. Chile has achieved countercyclical fiscal policy – saving in booms and easing in...

This paper has sought to establish and describe the manner in which Chile has addressed the problem of social marginality, the impossibility of that part of society, those who are in a position of absolute vulnerability can access on equal rights and better conditions to a network of benefits...