Mauro Giuliani (1781-1829), along with Fernando Sor, was considered to be one the greatest guitar virtuoso from the early 19th century. He also played the cello and was a prolific composer.
These exercises (published in 1815) thought out principally for the right hand get progressively harder and all studies are listed with their original number next to them. It's amazing how the right hand only uses a simple alteration between C Major and G dom. 7th chords over three bars of music.
I have posted a selection of 8 exercises which I think are the ones that represent an advanced standard of right hand technique. I fell that this group summarizes all that should be achieved all in a nutshell. Whichever set of exercises you decide to work on, we should always take into account important musical factors like dynamics (p, mf, f, cres., decres.), articulation (staccato, legato, accents), tone control (tasto and pont and everything in between), tempi (slow/ fast, accelerando/decelerando), texture and most importantly voicing (placing emphasis on the bass, middle or upper voices as determined by the music).
Here are some suggestions for developing a solid right hand arpeggio technique: play the exercise on open strings, combine free and rest stroke, establish rhythmic precision and alteration (change the values from long to short and vice-versa), play any series of exercises sequentially as if they were a concert piece, use two different chords and always be observant and listen to yourself, and treat the exercise as if it were an important piece to be performed in front of an audience and/or microphone.
http://www.stormthecastle.com/classical_guitar/Collection/120studies-for-right-hand.pdf
