International Business: Economies of the Developing World

  • Dates:
  • January 4-18, 2013
  • Duration:
  • 15 Days
  • Education:
  • Business travel seminar with a professor from Universidad del Pacifico, macroeconomic policies, development projects and their impact on the environment and indigenous people, study urban sprawl and pollution, learn about the migration to cities, study how shifting weather patterns ended the Nazca civilization, economic system of the Incas and internationally controlled ecotourism
  • Destinations:
  • Lake Titicaca, Nazca, Islas Ballestas National Park,¬†Cusco,¬†and Machu Picchu
  • Deadline:
  • October 15, 2012
Creating Ties in partnership with the Universidad del Pacifico is offering a three-week (or a more condensed two-week) business seminar taught in English by a Peruvian professor in Lima, Peru. The Universidad del Pacifico is considered one of the best business universities in Latin America. Throughout this program, you will study the economics of lesser-developed countries by taking a look at the economic system of Peru by visiting government agencies, international development agencies, production companies and banks. You will examine first hand the environmental issues associated with development and sustainable tourism as an economic industry through visits to Lake Titicaca, Nazca, Cusco, and Machu Picchu.
The course will:
  • -Examine macroeconomic policies and development projects and their impact on the environment and on indigenous peoples.
  • -Study urban sprawl, pollution, and migration to cities in Lima, which stand in sharp contrast to other program destinations, visiting some of the poorest and most rural regions of Peru.
  • -Visit the desert coast to learn how shifting weather patterns and loss of water resources ended the Nazca civilization. While there, visit a national Guano factory and see an excellent example of the impact of unrestrained tourism on the environment and on native wildlife at the Islas Ballestas National Park.
  • -Learn about the unique economic system of the Incas and the implications of the Conquistadors’ search for gold during an extended trip to Cusco, center of the Sacred Valley and the Inca Civilization.
  • -Examine internationally controlled ecotourism along the Inca Trail and at Machu Picchu to compare it to the unrestrained development of Aguas Calientes. In Puno and Lake Titicaca, study how tourism has affected the indigenous Uros peoples, who live on floating islands made of reeds.

This program is usually credited by US universities as:
International Business Study Tour (3 credits)
Economics of Less Developed Countries (3 credits)
Economics of Latin America (3 credits)
IMPORTANT: Assignments for this course must be done independently.

Length of stay and itinerary can be modified to suit your group.

Topics mentioned above are great independent research opportunities.

$3200 (Subject to change)

You opened me up to a region of the world that I have come to fall in love with. It is because of my experience that I want to devote my career and life to studying economic development in Latin America.
– Rachel, Wellesley College