Business Opportunities in the Pacific Alliance The Economic Rise of

This book provides a solid overview of trade and business opportunities in the Pacific Alliance, focusing on the key drivers of economic growth and development in Chile, Peru, Colombia, and Mexico. It addresses the political, economic, and social benefits

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iness Opportunities in the Pacific Alliance The Economic Rise of Chile, Peru, Colombia, and Mexico With contributed by Maria Alejandra Morales

John E. Spillan University of North Carolina at Pembroke Pinehurst, North Carolina, USA

Nicholas Virzi Universidad Pontificia de Salamanca Santa Catarina Pinula, Guatemala

ISBN 978-3-319-54767-1 DOI 10.1007/978-3-319-54768-8

ISBN 978-3-319-54768-8 (eBook)

Library of Congress Control Number: 2017941518 © The Editor(s) (if applicable) and The Author(s) 2017 This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. Cover illustration © YAY Media AS / Alamy Stock Vector Printed on acid-free paper This Palgrave Macmillan imprint is published by Springer Nature The registered company is Springer International Publishing AG The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland

PREFACE

Globalization of Industry and commerce has brought many benefits and many changes in how goods and services are exchanged across borders in the Global economy. As such we are delighted to bring you The Pacific Alliance: How Chile, Peru, Colombia, Mexico, and Costa Rica Offer Unique Business Opportunities for Both Insiders and Outsiders. Trade integration is not new. In fact, many countries in Latin America are ambitiously involved in a global network of trade arrangements and international business activity. The existence of the MERCOSUR, the Andean Pact, and other Free Trade Agreements (FTAs) have been active for a long period of time. The Pacific Alliance, or PA for short, is unique in that it brings together 4 countries which have demonstrated significant economic progress and offers major benefits to the 4 inside countries. The PA also offers significant opportunities for outsiders to participate in trade and global business with the PA members. The PA is different than the other FTAs in the region because it in