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CEPAL Review

Cepal Review is the leading journal for the study of economic and social development issues in Latin America and the Caribbean. Edited by the Economic Commission for Latin America, each issue focuses on economic trends, industrialization, income distribution, technological development and monetary systems, as well as the implementation of economic reform and transfer of technology. Written in English and Spanish (Revista de la Cepal), each tri-annual issue offers approximately 12 studies and essays undertaken by authoritative experts or gathered from conference proceedings.

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The international asparagus business in Peru

A variety of methodologies, such as the Foreign Trade Competitiveness Index, the Foreign Trade Policy Index and the Tradecan competitiveness matrix, reveal a process of adaptation to changes in world trade in the period from 2002 to 2012, within the context of the so-called “complex adaptive system” as a transition from the fourth to the fifth technological revolution in fresh asparagus exports from Peru. The country’s competitiveness map shows that it is not competing globally at the international level but rather partially or regionally. Mexico is its main competitor, with comparative advantages over Peru because of its currency’s real exchange rate against the United States dollar, but there are challenges that need to be dealt with in the medium term in this process of adaptation to change.

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