Asia-Pacific in the world economy: trends and opportunities for Peru

In 2021, Peru celebrates the bicentennial of its independence. The occasion is
ideal to think long-term and to reflect about what the agenda of its relations with Asia-Pacific for the next decades should be. It is common practice to compare Peru with the rest of Latin American economies. In turn, this research work offers a comparative analysis of Peru vis-à-vis economies from “the other side” of the Pacific basin, which includes several of its main economic partners, as well as benchmark economies regarding several pillars that sustain competitiveness and productivity. This approach has allowed to identify huge gaps that the Peruvian economy still needs to overcome on the road to its development. In doing so, it provides insights that aim to contribute to enrich the Peruvian cooperation agenda with the Asia-Pacific region in a way that supports structural changes in Peru.