In an increasingly interconnected world, IT is more important than ever to economic development and social connectivity. According to a survey prepared for international consultant Raúl Luciano Katz, digitalisation has generated some 41,725 additional jobs every year over the past decade in Peru, and the sector has the potential to contribute...
How important is it for the country’s economic recovery to guarantee the execution of public and private investment projects?
In early 2016 Peru launched a new mobile payments system called billetera móvil (mobile wallet) or BIM. While there have been numerous mobile payment systems introduced around the world, frequently as rival alliances between competing telecoms and banking players, this particular project stands out for being a collaborative venture...
What type of products, instruments and channels could help enhance financial inclusion?
Peru’s banking system is widely seen as one of the most stable and well regulated in Latin America. At one level the main banking sector story in 2017 is how this essentially solid services industry will adapt to Peru’s gradual transition from annual growth rates of 7-8% during the commodity boom to a more moderate medium-term average growth...
The Peruvian economy is at a crossroads. Over the last two decades it has been one of the fastest-growing economies in the region, enjoying macroeconomic stability, a strong mining sector, an open economy, and growing agro-industry and services sectors. Unlike some of its neighbours, Peru has been remarkably resilient to global headwinds....
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