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The Organization for Economic Cooperation and Development
This report provides a background of the Organization for Economic Cooperation and Development (OECD) financial crisis and the issues for Congress.
The U.S. Financial Crisis: Lessons from Chile
From 1981-1984, Chile experienced a banking crisis that in relative terms had a cost comparable in size to that perhaps facing the United States today. The Chilean Central Bank acted quickly and decisively in three ways to restore faith in the credit markets. It restructured firm and household loans, purchased nonperforming loans temporarily, and facilitated the sale or liquidation of insolvent financial institutions. These three measures increased liquidity in the credit markets and restored the balance sheets of the viable financial institutions. This report explores this incident in detail and in relation to the current financial situation in the U.S.
Chile: Political and Economic Conditions and U.S. Relations
This report provides a brief historical background of Chile, examines recent political and economic developments, and considers current issues in U.S.-Chilean relations.
Chile: Political and Economic Conditions and U.S. Relations
This report provides a brief historical background of Chile, examines recent political and economic developments, and considers current issues in U.S.-Chilean relations. The 112th Congress could take up issues such as the U.S.-Chile bilateral income tax treaty that was signed in 2010 and is awaiting submission to the U.S. Senate for ratification.
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