Chile 2012 [electronic resource].
- Corporate Author:
- Organisation for Economic Co-operation and Development
- Washington : Organization for Economic Cooperation & Development, Jan. 2012.
- Physical Description:
- 124 pages ; 28.000 x 1 cm
- Restrictions on Access:
- License restrictions may limit access.
- Machine generated contents note: Bibliography -- Annex A1 Progress in structural reform -- ch. 1 Reducing poverty in Chile: Cash transfers and better jobs -- Introduction -- Poverty and inequality in Chile -- Cash transfers as an instrument to reduce poverty -- Improving labour market outcomes for workers at risk of poverty -- Bibliography -- ch. 2 Building blocks for a better functioning housing market in Chile -- A significant share of the population lives in poor housing conditions -- House price growth has remained contained keeping housing affordable for most Chileans -- A deeper housing finance market has facilitated access to credit -- A more efficient and resilient mortgage market could improve access to credit -- For poor households housing remains too expensive -- Housing subsidies have widened access to housing -- ... but subsidies do not always reach those most in need -- Making housing subsidies more efficient and equitable through better targeting -- Housing subsidies have not always led to better living conditions -- Better standards to improve housing quality and protect public health -- Measures to reduce segregation and avoid poverty traps -- Housing support excessively promotes homeownership -- Making housing support more tenure neutral would uncover hidden demand and improve mobility -- Owner-occupied housing receives a preferential tax treatment -- A tax reform to reduce distortions, improve equity and promote a more balanced housing market.
- Annotation OECD's 2012 Economic Survey of Chile examines recent economic developments and policies, progress in structural reform, reducing poverty in Chile through cash transfers and better jobs, and the housing market in Chile. The strong recovery in Chile lost momentum as the world economy slowed, weakening copper prices and consumer confidence. The uncertainty in the world economy may require Chile to adopt more supportive macroeconomic policies in the short run, but tackling poverty and inequality are the key challenges in future years. Better education and job opportunities for the poor would enable Chileans to contribute to a more dynamic and productive economy and thus to higher welfare. The OECD has set out the following measures that should better develop stronger growth and encourage a more inclusive society, including: supportive macro policies in the short run; a strengthened fiscal rule and higher tax revenues to finance long-term spending increases; higher cash transfers for the poor combined with support for recipients to find employment; better access to quality housing along with measures to reduce residential segregation and enhance mobility.
9264127208 (Trade Paper)
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