Interview with Eduardo Hochschild, interviewed by Andrea Lluch, Lima, Peru

In this interview, Eduardo Hochschild, narrates the impressive arc of his career, describing how he worked his way from the bottom up to become the head of his family's 106-year old business in the Peruvian mining industry. Although he trained as an engineer in the United States, Hochschild remarks that his first years working in the company's mines helped him to gain a lasting appreciation of the practical knowledge and expertise required in the industry--two characteristics that he says have become central to Hochschild Groups' long-term success. Hochschild goes on to discuss some of the challenges the group has faced doing business in Peru over the past few decades. He talks about the period of Shining Path terrorism, the challenges that this posed to mine workers, and some of the strategies he used to navigate that difficult period. He also discusses prolonged periods of macroeconomic turbulence in Peru, from the relatively closed economy in the 1980s to the opening in the 1990s--describing the group's strategies regarding foreign partnerships, debt management, and regional expansion. In the interview, Hochschild also talks about some of the factors motivating the group's decis