Private markets for public goods -- Markets and public goods in Chile -- Social services, social security, and privatization in Peru -- The capitalization and popular participation programs in Bolivia -- Voucher privatization in the Czech Republic -- Adjustment and reform of social services in...

Chapter 1. Financial Inclusion and the Middle of the Pyramid, a New Public Revenue Strategy for the 21st Century -- Chapter 2. Public Revenue, Financial Inclusion and Value Added Tax in Argentina -- Chapter 3. Financial Inclusion and Value-Added Taxes in Argentina, Brazil and Chile

Over the past quarter-century, Chile has proven that the unthinkable is possible: A middle-income, natural resource–producing nation can have a fiscal policy that is both stable and sustainable. The core of this policy has been very simple: Act responsibly, design policy for the long run, and...

Does the Chilean government smooth taxes? This paper argues that the answer is yes, but only if one takes into account royalties from copper. During the past ten years there has been a serious debate in Chile initially regarding the sustainability of the Chilean government's fiscal deficit and...