The productivity connection behind openness.
Abstract
Macroeconomic policy, such as the extent to which an economy opens to international trade, influences productivity levels at a national level. This paper discusses trade, and access to markets, with particular reference to Peru and access to the US market by Peruvian companies. It is suggested that enterprises able to deal with more stable markets, those able to scale up their operations and those capable, through better management and technology, to keep a competitive edge will be the ones to survive the current economic crisis.
Citation
Economic and Social Research Consortium (CIES), Peru, 7 pp.
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Published 1 January 2009