Portfolio optimisation and the design of Latin American export diversification policies
运用投资组合优化分析评估拉美国家传统与非传统农产品出口结构的风险收益特征，为出口多元化政策提供工具。
This article applies portfolio optimisation analysis to assess the risk and return characteristics of commodity export structures of selected countries in Latin America. The analysis is conducted both for the export structure of traditionally exported commodities and for the non‐traditional agricultural commodities that are being promoted as part of recent export diversification efforts in these countries. The results show that portfolio optimisation analysis can provide a valuable tool for the improvement of the risk‐return properties of various export structures.