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The regional development plans for the southern economic corridor in Peru : Linking the coffee, alpaca, and auto-part industries with the world

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Title The regional development plans for the southern economic corridor in Peru
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Sub Title

Linking the coffee, alpaca, and auto-part industries with the world

Project Category Consulting Programs
Material Type Reports
Author(English)

Lee, Jaehoon; Kim, MoonKyum; Kim, Sunwoo; Kim, Jumi; Kim, Chang Dae

Publisher

Seoul:Korea Development Institute

Date 2012
Project Consulting Programs
Series Title; No Knowledge Sharing Program
ISBN 978-89-8063-625-9 94320; 978-89-8063-657-0 (set)
Pages 190
Subject Country Peru(Americas)
Language English
File Type Documents
Original Format pdf
Subject Industry and Technology < General
Holding Korea Development Institute
Recipient Country Peru(Americas)
Donor Country South Korea(Asia and Pacific)
Supervisor Korea Development Institute
Organizer Korea Development Istitute
Sponsor Ministry of Strategy and Finance

Abstract

1. Towards the Bicentenary
Peru’s sail towards the Bicentenary seems to face favorable winds. Successfully muddling through the Global Financial Crisis, the Peruvian economy has rebounded and trails the steady growth path. The manufacturing sector shows vigorous growth and the exports of the traditional products-gold, copper, zinc, etc.-bolsters a strong international reserve position. Interesting development in the nation’s export is the dramatic increase of coffee in terms of quantity and value. Indeed, an analysis of the Revealed Comparative Advantage shows that the Peruvian agricultural products have comparative advantage in the global arena.
Nonetheless, sustainable growth in Peru towards 2021 faces some challenges. Peru’s GNI per capita is still about 60.8% of the Latin America and the Caribbean average and is slightly over a half of the World’s. Then what does inhibit Peru to reach its full potential? (The rest omitted)