Peru in the global economy: Recent trends and potential diversification strategies

The designations employed and the presentation of the material in this document do not imply the expression of any opinion what- soever on the part of the Secretariat of the United Nations Industrial Development Organization (UNIDO) concerning the legal status of any country, territory, city or area or of its authorities, or concern- ing the delimitation of its frontiers or boundaries, or its econ. [...] The reconstruction of the political and institutional process around industrial policy in Chile, according to Bril-Mascarenhas and Madariaga (2019), suggests that selective policies such as the well-known case of the rise of the salmon industry—which the Fundación Chile played a crucial role in—are the exception rather than the rule. [...] The first fundamental Government of Peru launched the National Plan step of a successful policy is an analysis of the for Production Diversification (PNDP)5, led by the current productive landscape, in particular the Ministry of Production (PRODUCE), to promote the features of the existing export and production diversification of the country’s production struc- basket and its recent trends. [...] This information is captured data on the product-level degree of path depen- by the index of structural dynamism, a country- dence13 and the frequency of new export special- level measure of countries’ ability to perform izations in the product in the world economy14 ‘long jumps’ over the potential PS. [...] The number of countries with a comparative with the products the country is specialized in advantage in the product (a measure of ubiq- (see Hausmann et al., 2007; details are reported in uity of specialization in the product).