Cementing Class Differences: Globalization in Peru
Abstract Critics of globalization address how international trade creates inequality and induces class differences in the international global system. Reflecting these thoughts, this paper examines the effects of economic globalization, international trade, and neoliberal-oriented economic policies on cementing class differences in Peru. Through a qualitative assessment of various international trade agreements, Peru’s membership in the regional trade bloc, and the continuing flow of foreign investment into Peru’s textile and natural resource industries, I determine that the so-called “benefits” of economic globalization have yet to reach the Peruvian socio-economic minority and have instead helped in maintaining the class differences in this South American state.