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Peru’s commercial opening: the story of two sectors

Renzo Rossini, Zenon Quispe (), Hiroshi Toma and Cesar Vasquez
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Hiroshi Toma: Central Reserve Bank of Peru

A chapter in Globalisation and deglobalisation, 2018, vol. 100, pp 245-257 from Bank for International Settlements

Abstract: Trade liberalisation, at first unilaterally and later through free trade agreements, has been fundamental to the structural reform of the Peruvian economy. The negotiated nature of free trade agreements reduced conflicts with local producers in exchange for access to higher-technology imports. The opening of external markets at lower tariff levels has boosted exports in sectors such as agriculture and mining. Therefore, the experience of trade opening is reviewed from the perspective of these two sector.

Date: 2018
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