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Lima Peru is Number 3 in the The World’s Most Dynamic Cities

The top-ranked city in South America is, surprisingly, not in BRIC-leader Brazil, but the capital of its neighbor Peru. Lima benefits from rich commodity resources — gold, copper, lead and zinc — that are in high demand throughout the world, especially the United States and in large countries undergoing modernization, such as China. Lima has also benefited from its stable banking industry, which attracted considerable capital when world markets froze in the credit crunch that kicked off the financial crisis.

http://www.theatlantic.com/business/archive/2010/12/30-most-dynamic-cities-in-the-world/67234/