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Fiscal policy plays an essential role in reducing income inequality in OECD countries while this effect tends to be lower in Latin American economies. This paper adds to the discussion by looking at the issue from a tax-benefit analysis perspective; namely by estimating the impact of the welfare system on the different income groups in Chile and Mexico.
OECD Health Data 2013 - Country Notes
Education at a Glance 2013 - Country notes and key fact tables
These country notes present the recent changes in migration policies as well as a table showing the most recent statistics on migration flows and on the results of the immigrants in the labour market.
La OCDE ha lanzado hoy la versión 3.0 de su pionero Índice para una Vida Mejor, una herramienta interactiva que permite a los usuarios medir y comparar sus vidas. Esta versión actualizada contiene las últimas estadísticas, informaciones nacionales y conclusiones de los usuarios. Por primera vez, está disponible también en español.
English, PDF, 1,886kb
This paper reviews road concession programmes in Chile, Colombia and Peru over the period 1993-2010 and analyses how their shortcomings have resulted in large extra fiscal costs. Weak State institutions, unclear legislation and deficient contract design have allowed for frequent and costly renegotiation of road concessions.
Instead of resorting to trade measures such as export restrictions, Chile manages its minerals sector through a combination of balanced taxation, stable investment measures, good management of tax revenue, exchange rate policy and initiatives aimed at producing a multiplier effect of economy-wide development, according to this study.
English, PDF, 922kb
Chile has developed rapidly in the past two decades – it has become a strong economy, and a member of the OECD. Despite the global recession, the devastating earthquake and the tsunami, Chile is still one of the most successful economies in Latin America. The total GDP, as well as the GDP per capita, have been increasing; while income inequality and the percentage of poverty among the population have decreased.
Chile's OECD membership presents challenges both in the context of changing patterns of production and consumption, and in the framework of a more sustainable economy. Specifically, green growth emphasizes improving growth rates, particularly through greening existing industries, as well as through new eco-businesses.
Tax revenues in Latin American countries are lower as a proportion of their national incomes than in most OECD countries, but are rising slowly. Revenue Statistics in Latin America shows that the average tax revenue to GDP ratio in the 15 Latin American countries covered by the report increased from 19% in 2009 to 19.4% in 2010, after falling from a high point of 19.7% in 2008.