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Comparative Analysis Of Competitiveness On The Peruvian And Chilean Economies From A Global View

Author

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  • Peña-Vinces, Jesús

    (Universidad de Sevilla (España))

Abstract

Small economies, such as the Peruvian and Chilean, are immersed in the global arena of emergent economies, so evaluating them from a home based point of view (Porter, 1990) would be limited and of little use. This fact turns Porter’s national diamond framework insufficient for that purpose (Moon, Rugman and Verbeke, 1998). This paper analyzes these economies from a global view that would include local as well as foreign markets; in other words, it applies the International Competitiveness Double Diamond approach proposed by Moon, Rugman & Verbeke (1998), and Moon & Lee (2004). Information from the World Bank, the International Monetary Fund, the World Economic Forum, the Inter-American Development Bank and other sources was gathered to draw up the double diamond. The empirical analyses show that Chile is more competitive globally, while Peru is locally. To sum up, the results imply that Chile is more attractive to direct foreign investment than Peru.

Suggested Citation

  • Peña-Vinces, Jesús, 2009. "Comparative Analysis Of Competitiveness On The Peruvian And Chilean Economies From A Global View," Journal of Economics, Finance and Administrative Science, Universidad ESAN, vol. 14(27), pages 87-105.
    • Handle: RePEc:ris:joefas:0013
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    References listed on IDEAS

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    Cited by:

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    3. Segundo Castro-Gonzales & Ericks Vazquez-Guzman & Jose C. Vega Vilca, 2015. "Ecuador, Peru And Colombia: South-American Competitors Or Complementaries? Global Competitiveness Analysis, Ecuador, Peru Y Colombia: ¿Competidores O Complementarios Sudamericanos? Analisis De Su Com," Revista Global de Negocios, The Institute for Business and Finance Research, vol. 3(6), pages 13-28.
    4. Peña-Vinces, Jesús C. & Bravo, Saulo & Álvarez, Félix A. & Pineda, Duván, 2011. "ANALYSIS OF CHARACTERISTICS OF BUSINESS INCUBATORS IN COLOMBIA: A Case Study," Journal of Economics, Finance and Administrative Science, Universidad ESAN, vol. 16(30), pages 13-29.
    5. Castro-Gonzáles, Segundo & Peña-Vinces, Jesús C. & Guillen, Jorge, 2016. "The competitiveness of Latin-American economies: Consolidation of the double diamond theory," Economic Systems, Elsevier, vol. 40(3), pages 373-386.
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