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Peru’s commercial opening: the story of two sectors

In: Globalisation and deglobalisation

Author

Listed:
  • Renzo Rossini

    (Central Reserve Bank of Peru)

  • Zenon Quispe

    (Central Reserve Bank of Peru)

  • Hiroshi Toma

    (Central Reserve Bank of Peru)

  • Cesar Vasquez

    (Central Reserve Bank of Peru)

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.

Suggested Citation

  • Renzo Rossini & Zenon Quispe & Hiroshi Toma & Cesar Vasquez, 2018. "Peru’s commercial opening: the story of two sectors," BIS Papers chapters, in: Bank for International Settlements (ed.), Globalisation and deglobalisation, volume 100, pages 245-257, Bank for International Settlements.
    • Handle: RePEc:bis:bisbpc:100-16
    as

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    References listed on IDEAS

    as
    1. Vásquez, César & Morales, Renzo & Puch, Miguel Ángel, 2017. "Exportaciones no tradicionales en los últimos 5 años: El boom agroexportador," Revista Moneda, Banco Central de Reserva del Perú, issue 172, pages 40-44.
    2. Manuel Glave & Juana Kuramoto, 2007. "La minería peruana: lo que sabemos y lo que aún nos falta saber," Capitulos de Libros, in: Grade (ed.), Investigación, políticas y desarrollo en el Perú, edition 1, volume 1, chapter 4, pages 135-181, Grupo de Análisis para el Desarrollo (GRADE).
    3. Baier, Scott L. & Bergstrand, Jeffrey H., 2007. "Do free trade agreements actually increase members' international trade?," Journal of International Economics, Elsevier, vol. 71(1), pages 72-95, March.
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