In 2006, Chile looked back on 18 years of consecutive fiscal surpluses. In part, the country was

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In 2006, Chile looked back on 18 years of consecutive fiscal surpluses. In part, the country was able to achieve this notable record because the government included privatization receipts as a part of current government revenues. What does this policy imply about crowding out? Why might the International Monetary Fund have been against Chile's policy of counting privatization receipts as current government revenues?
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