Grecia Pardave ’09 came to Southern California from her native Peru in 2003 to study business. After earning her degree in international business from Cal State Fullerton’s Mihaylo College in 2009, Pardave returned to her country, where she is now an associate professor of business marketing at the Universidad Privada del Norte (UPN) in Lima. Pardave reflects on her Cal State Fullerton experience and examines higher education and entrepreneurship opportunities in her nation.
About 4,000 miles southeast of Southern California, the Pacific Rim nation of Peru is experiencing a rapid economic transformation and is a growth market for international investors. Grecia Pardave, a Cal State Fullerton international business grad and associate professor of business marketing at UPN in the Peruvian capital, Lima, encourages entrepreneurs and business professionals to consider her nation as a potential destination.
“For entrepreneurs, Peru is one of the fastest-growing economies in the world,” she says. “Private investment and rising exports have played an important role in this growth. Major export sectors include mining, agriculture, textiles, fishing and oil. Peru also offers a favorable legal framework for foreign investment and has numerous economic cooperation and free trade agreements, including with the United States, European Union, China, Japan, Australia, Mexico and other South American countries.”
Pardave, who advises business startups in Lima in addition to teaching business courses, notes that Peru is among the fastest-expanding economies in a continent that has witnessed uneven growth in recent decades. According to the World Bank, the Andean nation of 32 million people has had an average growth rate of 6% over the past decade, with low inflation. Read More