Chile's Copper Surplus: The Road Not Taken (B)

Posted: 18 Mar 2012

See all articles by Laura Alfaro

Laura Alfaro

Harvard University

Dante Roscini

affiliation not provided to SSRN

Renee Kim

Harvard University - Business School (HBS)

Date Written: November 19, 2010

Abstract

In 2009, Chile's Finance Minister Andres Velasco's fortunes had been reversed. His fiscal policy that had come under attack just a year ago had been used to finance a $4 billion fiscal stimulus package amid the global economic downturn. Velasco was now Chile's most popular minister. However, the future of Chile's fiscal policy was questionable with the election of a new president, Sebastian Pinera, the first conservative leader to lead Chile in two decades.

Learning Objective: Debate the political and economic advantages, disadvantages, and challenges of stabilization funds in developing countries; study Chile's experience in the last three decades and the role of politics in encouraging economic growth and deterring economic crises.

Suggested Citation

Alfaro, Laura and Roscini, Dante and Kim, Renee, Chile's Copper Surplus: The Road Not Taken (B) (November 19, 2010). Harvard Business School BGIE Unit case no. 710-020, Available at SSRN: https://ssrn.com/abstract=2025040

Laura Alfaro (Contact Author)

Harvard University ( email )

Cambridge, MA 02138
United States

Dante Roscini

affiliation not provided to SSRN ( email )

Renee Kim

Harvard University - Business School (HBS) ( email )

Soldiers Field Road
Morgan 270C
Boston, MA 02163
United States

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