The combination of a stable and expansionary macroeconomic environment, vast natural resources and an investor-friendly legal framework has created an attractive setting for international investors looking for emerging market opportunities. While the majority of foreign direct investment (FDI) has been channelled to Peru’s extractive industries in...
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...
Regional integration is a theme of growing importance for Peru and its Pacific coast neighbours. As Brazil seeks to solidify its position as the South American superpower, the continent’s smaller economies have found that the best way to compete is by working together. This is particularly true in the case of Chile, Colombia and Peru. In May 2011...
As of December 2011, foreign direct investment (FDI) in Peru was up 2.54% over the year prior. While Spain topped the charts as a lead investor in 2011 and mining activities were the primary recipient of FDI, going forward leaders from both the public and private sectors hope to attract a growing number of international investors to participate in...
Significant growth has been achieved in the banking sector over the last several years as more and more low- and middle-income Peruvians gained access to an increasing number of financial products specifically tailored to suit their needs and incomes. According to statistics published by the Superintendency of Banking, Insurance and Private Pension...
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