Fondo de Compensación del Cobre

E616460

Fondo de Compensación del Cobre was a Chilean sovereign stabilization fund that managed copper export revenues to cushion the national budget against fluctuations in global copper prices.

All labels observed (1)

Label Occurrences
Fondo de Compensación del Cobre canonical 1

How this entity was disambiguated

Statements (46)

Predicate Object
instanceOf public financial fund ⓘ
sovereign stabilization fund ⓘ
aimedAt reducing procyclicality of public spending ⓘ
supporting long-term fiscal sustainability ⓘ
associatedWith copper industry in Chile ⓘ
export revenues from copper ⓘ
beneficiary Chilean national budget ⓘ
Chilean public finances ⓘ
Government of Chile ⓘ
benefits greater predictability of government revenues ⓘ
protection of public expenditure from commodity price shocks ⓘ
category commodity stabilization fund ⓘ
sovereign fund ⓘ
commodityLinkedTo copper ⓘ
country Chile ⓘ
currency Chilean peso ⓘ
economicFunction macroeconomic stabilization ⓘ
smoothing of fiscal revenues ⓘ
fundingSource copper export revenues ⓘ
taxes and royalties from copper production ⓘ
governedBy Chilean public finance law ⓘ
hasDomain macroeconomic policy ⓘ
natural resource revenue management ⓘ
public finance ⓘ
isPartOf Chile’s fiscal stabilization framework ⓘ
legalNature public fund ⓘ
locatedIn Chile ⓘ
Santiago, Chile ⓘ
linked to: Santiago
managedBy Government of Chile ⓘ
owner State of Chile ⓘ
policyInstrumentType countercyclical fiscal instrument ⓘ
price stabilization mechanism ⓘ
purpose cushion the national budget against fluctuations in global copper prices ⓘ
reduce volatility of public finances ⓘ
stabilize fiscal revenues from copper exports ⓘ
relatedTo copper export policy of Chile ⓘ
fiscal policy of Chile ⓘ
sovereign wealth and stabilization funds of Chile ⓘ
resource copper ⓘ
resourceType mineral resource ⓘ
riskManaged commodity price risk ⓘ
copper price volatility ⓘ
sector public sector ⓘ
typeOfRevenue non-renewable resource revenue ⓘ
usedFor financing budget shortfalls when copper prices were low ⓘ
saving windfall revenues from high copper prices ⓘ

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Fondo de Estabilización Económica y Social → predecessor → Fondo de Compensación del Cobre ⓘ