Abstract

What has happened in Chile is quite different from what is happening in Eastern Europe because Eastern Europe has to build a new economic system while Chile has had to rebuild and modernize one. However, the goal is the same: to create a market-oriented economy. In Chile, achieving that goal has taken 20 years, and the process is still incomplete. During these 20 years, comprehensive changes have been made. Almost every piece of legislation has been changed, as well as many important regulations and even the Constitution.