CONSTITUTIONAL BASIS OF THE ECONOMIC PUBLIC ORDER IN CHILE

Chile stands out in Latin-America because its economic growth has resulted in a progressive decrease in poverty and marginality levels. Chile’s unique strides in economic growth have made room for increasingly dignified lives for its people. Along with this improvement in the standard of living, there has been a more thorough exercise of human rights. The normative groundwork for this successful economic model is located in the Constitución Política de la República de 1980, the 1980 Constitution, which contains an economic public order based on two elements – 1) the exercise of personal liberty and 2) the subsidiary role of the State.