Peru’s Economic Boom and the Asian Connection

This paper analyzes recent economic and diplomatic relations between Peru and Asia, with emphasis on China, Japan and the Republic of Korea. In the last decade, Peru has experienced remarkable economic growth, driven by global demand for its minerals and other natural resources, combined with sound...

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Detalles Bibliográficos
Autores principales: Sanborn, Cynthia, Yong Manrique, Alexis Siwaig
Formato: info:eu-repo/semantics/monograph
Lenguaje:Inglés
Publicado: Lima 2015
Materias:
Tratados comerciales
Asia > Relaciones internacionales > Pacífico (Área)
Acceso en línea:http://hdl.handle.net/11354/427
http://biblioteca.clacso.edu.ar/gsdl/cgi-bin/library.cgi?a=d&c=pe/pe-014&d=11354427oai
Aporte de:
Red de Bibliotecas Virtuales de Ciencias Sociales (CLACSO) de Consejo Latinoamericano de Ciencias Sociales
id I16-R122-11354427oai
record_format dspace
institution Consejo Latinoamericano de Ciencias Sociales
institution_str I-16
repository_str R-122
collection Red de Bibliotecas Virtuales de Ciencias Sociales (CLACSO)
language Inglés
topic Tratados comerciales
Asia--Relaciones internacionales--Pacífico (Área)
spellingShingle Tratados comerciales
Asia--Relaciones internacionales--Pacífico (Área)
Sanborn, Cynthia
Yong Manrique, Alexis Siwaig
Peru’s Economic Boom and the Asian Connection
topic_facet Tratados comerciales
Asia--Relaciones internacionales--Pacífico (Área)
description This paper analyzes recent economic and diplomatic relations between Peru and Asia, with emphasis on China, Japan and the Republic of Korea. In the last decade, Peru has experienced remarkable economic growth, driven by global demand for its minerals and other natural resources, combined with sound macroeconomic policies and a firm commitment to international trade. Although Peru´s relations with Asia tend to reinforce its overall position as a mineral exporter, the country has not experienced significant “de-industrialization”. On the contrary, through aggressive pursuit of free trade agreements (FTA) and new foreign investment, trade with Asia has increased in scope and diversity, with considerable dynamism in value-added exports to China and Japan. Furthermore, Peru´s booming extractive industries have not only benefitted from Asian demand, but also from significant new direct investment, and from efforts by Asian firms to comply with global standards for mining operations. Conceding the fact that policymakers can be credited for successful negotiation of FTAs, subsequent advances in trade and investment with Asian partners have largely been the result of private initiative. The authors conclude that if Peru is going to take better advantage of these opportunities over the longer term, to achieve a more diversified and productive economy, greater state leadership and strategic public policies will be necessary.
format info:eu-repo/semantics/monograph
info:eu-repo/semantics/monograph
author Sanborn, Cynthia
Yong Manrique, Alexis Siwaig
author_facet Sanborn, Cynthia
Yong Manrique, Alexis Siwaig
author_sort Sanborn, Cynthia
title Peru’s Economic Boom and the Asian Connection
title_short Peru’s Economic Boom and the Asian Connection
title_full Peru’s Economic Boom and the Asian Connection
title_fullStr Peru’s Economic Boom and the Asian Connection
title_full_unstemmed Peru’s Economic Boom and the Asian Connection
title_sort peru’s economic boom and the asian connection
publisher Lima
publishDate 2015
url http://hdl.handle.net/11354/427
http://biblioteca.clacso.edu.ar/gsdl/cgi-bin/library.cgi?a=d&c=pe/pe-014&d=11354427oai
work_keys_str_mv AT sanborncynthia peruseconomicboomandtheasianconnection
AT yongmanriquealexissiwaig peruseconomicboomandtheasianconnection
bdutipo_str Repositorios
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