Following the lead of Latin American countries such as Mexico and Chile, Peru signed a Free Trade Agreement (FTA) with the United States in December 2005. While most economic analysis points towards overall benefits for Peru, there are concerns regarding potential adverse consequences. In order to derive maximum benefits with minimum losses, it is vital to identify appropriate mechanisms to support short-term losers - especially children from poor families - and to develop medium-term strategies to promote more equitable distribution of benefits. Potential impacts of the FTA on poor children in Peru are discussed.
Villar, E.; Pereznieto, P.; Jones, N. Young Lives Policy Brief 3. Trade Liberalisation and Child Wellbeing: potential impacts of the Peru-US free trade agreement. (2006) 12 pp.