By Evan Jaqua with Timm Tuttle -- J@pan Inc’s column concerning business conditions in an emerging market -- Today, Peru is under the radar for many businesses around the world, including in faraway Japan. Unfortunate, considering that after centuries of difficulties stretching from the Conquistador era through the troubled 1980s, the Peru of today is undergoing a true renaissance, with startling economic growth, low inflation, growing integration with the world economy, and the firm establishment of a stable democratic government. Not surprisingly, the US Commercial Service describes the country as “...the hidden commercial gem of Latin America—a diverse, export- driven economy characterized by open markets and fiscal prudence.”