The Irish Economy

More on Chilean Fiscal Prudence

This post was written by Philip Lane

The WSJ devotes front-page space to Chile’s success in saving for a rainy day during the boom times: you can read it here.

This entry was posted on Wednesday, May 27th, 2009 at 8:17 am and is filed under Economic Performance, Fiscal Policy. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Marcus Says:
May 27th, 2009 at 9:40 am
One can’t help but marvel at them. A very ‘Collieresque’ attitude towards commodity revenues.
Richard M Says:
May 27th, 2009 at 12:34 pm
Philip, this is an excellent article and should be required reading for our government. With their key strategic industries in tact (eg copper) and virtually no debt they are posied for growth when a recovery happens. As Ireland appears to have no strategic industry of our own and a totally unsustainable and out of control public debt how can we ever recover?
Potter Says:
May 27th, 2009 at 12:47 pm
What was it our excellent Minister for Finance used to say: When I’ve got it I spend it, when I don’t have it . . .