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This paper studies how Peru was benefited from Japan's Generalized System of Preferences (GSP) between 1996 and 2005. For this purpose, we are including an econometric model which proves the effects of Japan's GDP, the variation in the wholesale price index in Peru, the GSP ratio and the trade indicator on non-traditional exports between both countries. This research is mainly focused on analyzing the behavior of agro-industrial and fishery products benefited from the GSP, through statistic charts displaying the trends in non-traditional trade. A survey was conducted among to the sixty largest exporters to Japan to determine the awareness and spreading of this tariff benefit system among Peruvian exporters of non-traditional products. To enhance this paper, we provide a matrix of potentials with a classification of Peruvian products exported to Japan in order to identify those that Peru might export according to demand. [ABSTRACT FROM AUTHOR]

This paper shows the advantages of the Scorecard Project System as a computer integrated tool to simplify, speed up and streamline the design and monitoring of diagnosis studies, plans and projects included in a strategic view to reach sustainable development. The paper shows the characteristics and advantages of each such tool and establishes their sequence in the feedback cycle for territorial management, whether peasant communities, local governments, regional governments of companies with a social responsibility mission. [ABSTRACT FROM AUTHOR]

This document reports progress made in compared research about the environment, barriers and prospects facing small and intermediate size companies in eight Latin American countries, although only six are presented in this paper, namely Argentina, Colombia, Costa Rica, Chile, El Salvador and Panama. The first section briefly presents each country's business environment in terms of prevailing concepts, the overall business universe and its trouble spots. It also aims at establishing a general typology of companies. The second section reviews the study's methodology while the third chapter deals with the elements for doing business in each country (this paper deals only with the financing, human resources and technology components). Finally, it presents some reflections about the condition of small and intermediate companies and some guidelines for public policy actions. [ABSTRACT FROM AUTHOR]

This paper investigates the relationship between corruption and capital flight in developing countries. Part I tackles the challenge of defining and measuring capital flight, as well as the various root causes of expatriated savings. Our research contributes to the corruption and capital market literature in several ways. First, the issue of capital flight has attracted less attention than that of external capital inflows in emerging market countries. In particular, capital flight has kept a low profile in academic circles until the late 1990s. In addition, research often looks at capital flight as a portfolio issue, and very few studies consider corruption as a «push factor». Second, our paper looks at why capital flight deserves renewed interest, as the globalization of financial markets broadens investment diversification opportunities for domestic residents. Increasingly, official agencies express concern regarding the recycling of generous development aid flows and heavy borrowing in the international capital markets outside the developing countries' economies. In the aftermath of the G-7 1996 Cologne meeting, larger and broader debt relief, coupled with a strong emphasis on sustainable development policies, focuses on the urgency of capital flight repatriation. Third, we assume that corruption combines two kinds of centrifugal forces for capital leakages: corruption-driven money leaves a country because of fear of being caught by the tax and judiciary authorities; in addition, money leaves a country because of fear that a corrupt government will not provide a stable and conducive environment for safe savings and profitable investment. In Part II of our research, we test the assumption that the higher the level of corruption, the less conducive the national environment for private investment, and the greater the capital leakages. [ABSTRACT FROM AUTHOR]

This paper presents and applies a conceptual framework to regional Competitiveness using the Index of revealed competitiveness introduced by Balassa in 1965 for the Lambayeque Region in the northern part of Peru with the end to determine the products more competitive of this region. In the first part of the article the competitiveness review is presented from the Porter approach to Systemic Competitiveness. The advantage of this method is to identify the competitiveness of the regional products and services as a function of the import and export values of the country in contrast with the same values of the other countries in the world. The FAOSTAT data is used for that purpose. The results shown that the crop most competitive are the avocados, the bananas, mangoes, asparagus, dry chilies and coffee. Nevertheless when these products are compare with others countries such as Chile and Brazil only mangoes and asparagus are strongly competitive. However both products are considered commodities rather than value added products and its competitiveness lies in comparative advantage such as clime and soil. [ABSTRACT FROM AUTHOR]

During the last decade there has been a break of trust of the shareholders to the company. Several factors converge to bring this breakthrough on the one hand, certain abuses of the "creative" reflected in an excessive "make-up" of the financial information and on the other hand, poor practices among some market players that have resulted in distrust and uncertainty about the present and the prospects for future. The aim of this paper is analyze trust between shareholders and companies and provide a model of communication via Internet to contribute to build confidence between them. [ABSTRACT FROM AUTHOR]

Services account for 47% of global output and, as per several studies conducted, the liberalization of their trade brings more advantages than trade in goods. Despite of this fact, there has been little research on the subject, and the definition of services has remained controversial. Peru sticks to global trend, as services represent 65% of GDP and 75% of EAP. Moreover, the development of tertiary sector is essential to attain a hub position. This paper is aimed at identifying the potential trade in services with Asia Pacific, based on trade and liberalization indicators --this region accounts for nearly 18% of current world trade--. It considers the commercial behavior of Peru, as well as that of Chile and Colombia, which are regarded as competitors in their condition of "access platform" to the Andean sub region. It is concluded that there are many possibilities to intensify relations with Asia Pacific and policy recommendations that should be taken into account by the Peruvian foreign policy are provided. [ABSTRACT FROM AUTHOR]

The theory of market social economy appears neatly when dealing with environmental conservation and the search for the wellbeing of the underprivileged. These concepts have been used in various countries and today it is possible to see countries that carefully watch over their environment and have achieved significant social balance. Peru has not been alien to environmental and social concepts and for more than four decades has establishes organizations, designed policies and enacted laws to look at these issues. However, the outcomes have been limited. Among the reasons that explain the ineffectiveness of such regulations and institutions perhaps among the most important are the lack of effective oversight and control over economic agents, and an inefficient design of the ways to attain goals through regulations and institutions. For that reason, this paper proposes policy options to correct market outcomes and a way to build institutions that will allow to accomplish the desired goals. [ABSTRACT FROM AUTHOR]

This paper aims at providing, from a sustainable development perspective, an idea about the direction our country will take once the US-Peru FTA is enforced, regarding particularly the environmental, trade and investment areas. The signing of the FTA has led Peru to leave behind a view of the environment vision as a moral and ethical (some times marginal) component of economic relations, to turn it into a regulatory and mandatory consideration overlapping trade and investment to such an extent that failure to comply may lead to sanctions as severe as those pertaining to other matters related to for instance access to or permanence in a given market. Even so, it is worthwhile mentioning that the FTA is only an initial component of a more complex and broad multilateral scenario that recognizes in the environment an essential element of international economic relations. [ABSTRACT FROM AUTHOR]

Peru is experiencing a boom through growing mine operations and projects. This has created expectations among the benefits that activity may create for the mines' neighboring communities. Although in most cases results have not been very encouraging, this paper seeks to demonstrate whatever progress has been made in the mining companies' social management, and the scope of their proposals for improvement by presenting and comparing successful social investment models used in Peru in recent years. It also examines the issue of the mining industry's voluntary contributions, social contributions and social trust funds, and explains how the money is allocated. [ABSTRACT FROM AUTHOR]

Santiaguito is a district in Peru's northern Andes. In this paper we identify a number of opportunities to channel efforts towards its development. However, and as it is often the case, only the most explicit and obvious variables guide the development planning and management cycle. A non factual prospective analysis exercise allows to imagine a future situation that can be totally different from the originally proposed long-term vision. The available information is used with certain diagnosis and planning tools and then the outcome is compared with reality and hypothesis for the future. [ABSTRACT FROM AUTHOR]

In 2003 the Peruvian government launched a second wave of decentralization and devolution initiatives to the sub-national governments. The move aimed at fostering development, economic growth and job creation with a strong focus on small companies. However, evidence shows these efforts failed because properly planned policies linked to development objectives were lacking. A reference framework is proposed to design local policies that will add economic momentum, relate the local business network to external systems, and create wellbeing by fostering small business competitiveness. To help identify several types of development measures, the paper proposes to take account of the relation between the business activity and its territory, the key factors of success of innovative companies, and the business's life cycle as related to the potential for innovation and growth. [ABSTRACT FROM AUTHOR]

This paper identifies the Latin American companies for which the beta calculation is possible and consequently their corporate discount rates with an acceptable degree of confidence. The selection is based on companies whose shares are listed with sufficient liquidity in both local stock markets as well as the New York Stock Exchange. At the time of the sample, 88 companies had qualified for the direct beta calculation. The instability of the liquidity indicators and the market dynamics themselves make it necessary to update the analysis often. [ABSTRACT FROM AUTHOR]

This paper discusses the transition from the present single-department regions to a structure of multiple-department regions. It discusses the convenience of creating a pilot region and provides some criteria to create multi-department regions and choose the location of the regional capitals. It also provides guidelines to elect representatives to the Chamber of Deputies and the creation of a Senate. Finally, it outlines eight regions to be created by grouping several departments, and an alternative proposal to create regions based on river drainage basins. [ABSTRACT FROM AUTHOR]

This paper uses the approaches and concepts of competitive and comparative advantage models and the principles of economic corridors, including production chains, clusters and conglomerates, to analyze the potential for improved lime production in Peru's northern regions for export to Asia Pacific markets. The first section discusses the relevance of adopting a strategy based on economic corridors as an efficient alternative to combine scale of production and efficient logistics costs, in particular for the Sullana-Tambogrande-San Lorenzo-Ayabaca and Chulucanas-Morropon-Huancabamba corridors. The second section adopts a systemic view of agro-industrial competitiveness to identify the barriers to and ex ante conditions that have a positive impact on lime production, namely adoption of technologies, growers' associations, access to financing, adoption of mechanized planting and harvesting techniques, and others. [ABSTRACT FROM AUTHOR]

The various scandals that have shaken the corporate world have shown the need to analyze once again the ethic foundations of the corporation. It is not enough to issue a simple negative judgment; we must learn from failure and reflect on its causes. Why didn't these companies fulfill their missions? What happened to their fundamental values? What happened to the personal convictions of their general managers, with their vision of the future, with their contributions for the country and the community? Experience shows that it is not enough to merely propose worthy goals, guiding values or policies in favor of the environment and the community. It is necessary that all these propositions originate in the personal convictions of each individual, so that each action will have a distinctive, personal mark. Integrity must be found in the center of each individual and corporation. This paper presents integrity as a superior concept amongst the values and virtues which are normally mentioned; it implies that management must adopt the enabling attitudes and abilities they need to carry out their work properly. [ABSTRACT FROM AUTHOR]

Ethics is a key concept in management, yet it's meaning is reduced to signify just goodwill. Ethics must be an important part of management, as companies should take actions based on objective and conclusive principles. Activities related to ethics should be included in all areas of the company. This is an important omission not only because decisions and actions must be guided by sound and objective principles but also because of the multiple benefits deriving from sustained and consistent work aimed at including ethics as a field of management activities and which therefore deserves management's time and aimed at including ethics in all areas of people management within organizations. This paper will address elements and criteria on how to include ethics in company management from a general perspective and how this can add social value to communities. [ABSTRACT FROM AUTHOR]

This paper reports the results of a study on service quality in a business school. We examine the concept of service quality with data collected from 205 executive students. The results obtained from applying exploratory factor analysis to our data suggest that the theoretical factor structure consisting of five factors could not be empirically replicated. The empirical factor structure consists of four factors (tangibles, faculty, administration, and reliability-empathy) being reliability-empathy the most important dimension for professional students. Confirmatory factor analysis results provide strong support for the four-dimensional structure of service quality in a business school setting. [ABSTRACT FROM AUTHOR]