Business Opportunities in the Pacific Alliance; Preface; Contents; List of Figures; List of Tables; 1 Introduction; Overview; Pacific Alliance; Structure of the Book; Background; Why the Pacific Alliance; Why Chile, Peru, Colombia, and Mexico?; The Pacific Alliance Indicators; Central America; Who Will Benefit?; Is This Regional Trade Group Sustainable?; The Current State of Globalization and Trade; Conclusions; Notes; References; 2 Theoretical Framework; Introduction: The Benefits of Free Trade; Strategic Trade Theory: Premises and Predictions; Liberal Trade Theory: Premises and Predictions

The Democratic Peace LiteratureOrdoliberal Contributions to Trade Theory; New Institutional Economics and Trade; Public Choice and Trade; Discussion: Toward an Ordoliberal Theory of Trade; Discussion; Conclusion; References; 3 The Modern Economic History of Trade; Globalization's Successive Waves; Trade and Prosperity; Trade and Human Development; Trade and Peace; A Brief Political Economic History of Latin America; The Rise and Fall of The Import-Substitution-Industrialization (ISI) Model in Latin America; The Failure of ISI Models; The Bankruptcy of Dirigisme Models in Latin America

History of Regional Trade Groups in Latin America: Atlantic-Centered and ProtectionistA Brief Political Economic History of Asia; Communist China, a Lesson in Failure; The Sustained Success of the Export-Led-Growth Model in Asia; The Asian Tigers; Capitalist China, a Lesson in Success; Southeast Asia, the New Tigers; Discussion; Conclusion; References; 4 Chile; A Historic Overview of the Chilean Experience; Background of Reforms and Economic Development in Chile; Major Accomplishments; The Best Managers Do Not Manage the Traditional Way; Culture and Competitive Advantage

Strengths and Weaknesses of ChileStrengths; Chile's Economy; Natural Resources; Property Rights; Corruption; Culture; Numerous Trade Agreements; Stable Political and Institutional Environment; Already Has International Companies in Country; Weaknesses; Energy; Economy Is Small; Dependence on Copper; Exposure to Climatic and Earthquake Risks; Why Chile is a good Pacific Alliance Partner; Discussion; Conclusions; References; 5 Peru; Overview and Contribution; Peru: A Developing Nation; Strengths and Weaknesses of Peru; Strengths

Peru Has a Strong Fiscal Condition and Generally Good Economic ManagementEconomic Growth Continues; Low Public Debt and Balanced Budget; Banks Are Independent and Have Solid Fiscal Foundations; Tourist Attractiveness; Weaknesses; Regional Disparities; Infrastructure Deficiencies; Large Informal Market; Why is Peru a Good Pacific Alliance Partner?; Pacific Alliance's Benefit to Peru; Discussion; Conclusion; References; 6 Colombia; Can a Sound Economy Thrive Amid Political Turmoil?; Colombia's Strengths and Weaknesses; Strengths; Access to Two Oceans; Large Population