Why Is Chile an Example of Successful Macroeconomic Policy? What

question 21

Essay

Why is Chile an example of successful macroeconomic policy? What measures has Chile taken to garner this success?

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Definitions:

War Powers Act

A 1973 United States federal law that aims to balance the president's power to commit the country to armed conflict without Congress's consent.

Imperial Presidency

A term used to describe the modern presidency of the United States, which is characterized by greater powers than those enumerated in the U.S. Constitution.

Commander-In-Chief

The title held by the president of the United States as the highest-ranking officer in the country's armed forces, responsible for military decisions.

Southern Strategy

A political strategy in the United States that aimed to gain electoral support in Southern states by appealing to racism against African Americans.