| HBS Case Collection
(Revised May 2013)
Chile's Copper Surplus: The Road Not Taken (B)
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.
Keywords: Developing Countries and Economies;
Financing and Loans;
Government and Politics;