Several regional initiatives provide a forum for the exchange of experiences between senior policymakers, regulators and market participants to promote good corporate governance practices.
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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.
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Education at a Glance 2012: Key facts - Chile
The objective of senior budget official country reviews is to provide a comprehensive overview of the budget process in the country under examination, to evaluate national experiences in the light of international best practice and to provide specific policy recommendations.
This report focuses on international practices of ex post evaluation, and particularly on the current efforts to conduct ex post evaluation of laws in Chile. It is divided in two main parts.
The first part of the report provides information and guidance, examples of practice and references on the subject of ex post evaluation in OECD countries, particularly in the Legislative area. It looks at the different definitions of, and motivations for, undertaking evaluation. There is no single template for undertaking ex post legislative evaluation. The objectives and methods to be used will depend on factors such as the nature of the law to be evaluated and the parliamentary and governmental context in which the evaluation takes place.
In the second part the report evaluates the current system and process of ex post evaluation of laws in Chile. It discusses the efforts made by the recently established Law Evaluation Department in the Chamber of Representatives, in the framework of the law making process of the country. It revises the current practices in both branches of government, executive and legislative, to conduct ex post evaluation of laws and regulations, as well as the formal and informal mechanisms to prepare laws and regulations and their possible ex post review. The paper revises as well the current programme for law evaluation launched by the Chamber of Representatives and it analyses its main components, in particular methodological approaches and inclusion of citizens‘ perceptions as a tool to increase transparency.
The report concludes with an assessment of the main challenges that the law evaluation work is facing in Chile and makes some recommendations related to institutional, methodological and governance issues.
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This review was prepared to assess Chile's investment policies so as to provide the OECD Council with a formal opinion on the willingness and ability of Chile to assume the obligations of membership to the OECD in the field of investment.
This publication examines the role of institutional investors in promoting good corporate governance and reviews Australia, Chile and Germany in more detail.
These country notes contain over 50 indicators which compare the political and institutional frameworks of national governments as well as revenues and expenditures, employment, and compensation. They include a description of government policies on integrity, e-government and open government.
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This review highlights Chile’s well developed regulatory framework for trade, including recent regulatory reforms considered here in light of market openness principles. It shows that transparency is well supported in Chile’s regulatory system.