#   Fiscal Policy: Cyclicality 

 



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[Chile's Countercyclical Triumph](http://www.foreignpolicy.com/articles/2012/06/27/chile_s_countercyclical_triumph)," [in](https://www.hks.harvard.edu/fs/jfrankel/ChileFiscalSolutionFPJune2012.doc) [Transitions](http://transitions.foreignpolicy.com/), [*Foreign Policy*](http://www.foreignpolicy.com/), June 27, 2012.  
  
“[How Can Commodity Exporters Make Fiscal and Monetary Policy Less Procyclical?](https://www.hks.harvard.edu/fs/jfrankel/AlgiersLessProcyclical.doc)” ([IMF](http://www.imfbookstore.org/ProdDetails.asp?ID=NRFDEA), 2011). [Keynote](https://www.hks.harvard.edu/fs/jfrankel/AlgiersSpeechProcyclical.ppt) address, [High Level Seminar](http://www.imf.org/external/np/seminars/eng/2010/afrfin/pdf/program2010.pdf), [IMF Institute & Central Bank of Algeria,](http://www.imf.org/external/np/seminars/eng/2010/afrfin/index.htm) Algiers, Nov.4.

“[A Solution to Fiscal Procyclicality: The Structural Budget Institutions Pioneered by Chile](https://www.hks.harvard.edu/fs/jfrankel/ChileBudgetRules2011.doc),” 2013. [Slides](https://www.hks.harvard.edu/fs/jfrankel/ChileFiscalLessons2010Oct.ppt), [14th Annual Conference](http://www.bcentral.cl/eng/conferences-seminars/annual-conferences/2010/Fiscal_Policy_Macroeconomic_Performance.htm) of the Central Bank of Chile, Oct.2010, Santiago.