Once known as a country blighted by economic and social upheaval, Peru has now experienced more than two decades of relative stability and progress, increasingly so since the turn of the millennium. That strong economic progress has occurred during a period of high commodity prices is no coincidence considering the rich mineral and energy...
Though incoming President Ollanta Humala was initially feared by some within the business community, owing to his close ties to Former Venezuelan President Hugo Chávez, foreign policy under the current administration has been largely a continuation of established procedure. Indeed, while Humala has sought to focus on improving relations with...
Over the past decade Peru has seen a period of transformative growth, which has effectively positioned it as one of the leading economic performers in Latin America and the world. This period of exponential growth has for the most part spread throughout the country, leading to unprecedented development in urban centres, while at the same time...
Following the fall of now-imprisoned former President Alberto Fujimori from power at the turn of the millennium, Peru has enjoyed over a decade of stable political and economic progress. Economic development, in particular, has been rapid, partly due to elevated global commodity prices, as well as the commercialisation of the giant Camisea...
Following a campaign laden with promises of social inclusion, President Ollanta Humala’s administration has already begun fulfilling some of them. Having gained legislative approval to establish the Ministry of Development and Social Inclusion only weeks after taking office in August 2011, Humala turned his sights to renegotiating royalties...
In 1990 the Peruvian electorate veered away from well-established political parties and instead chose the relatively unknown Alberto Fujimori, campaigning under the banner of his newly formed Cambio 90, to be president. Now, more than a decade after democracy has been restored following the fall of Fujimori’s authoritarian regime, they are still...
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