This paper was presented at the Forum on Ensuring Accountability and Transparency in the Public Sector held in December 2001 in Brasilia, Brazil, organized in cooperation with the Public Ethics Commission and Ministry of Planning, Budget and Management, Brazil, and in association with United Nations, Escola de Administração Fazendária (ESAF) and Escola Nacional de Administração Pública (ENAP), Brazil. The paper describes the second generation of fiscal reforms aimed at strengthening fiscal governance implemented in Chile since the mid-1990s.
