Increased investment and the expansion of irrigated land along the Peruvian coast has ensured the continued development of large...
Increased investment and the expansion of irrigated land along the Peruvian coast has ensured the continued development of large...
Peru has seen relatively stable economic growth and significantly reduced the number of people living in poverty. Still, there have been multiple cases of corruption, but the government of President Martín Vizcarra Cornejo, who took office in 2018, has focused efforts on combatting this and stabilising the political climate. Nevertheless, challenges to ensuring sustainable development remain.
Optimism is returning to Trinidad and Tobago after years of recession. With the IMF forecasting GDP expansion of 1% in 2018 and 0.9% in 2019, the government now has the opportunity to shift their focus from tackling short-term economic problems to implementing long-term reforms and policy initiatives.
In the mid-20th century, Argentina was a tantalising draw for investors and talent fleeing post-war Europe. However, questionable financial management in the 1990s led to excessive volumes of debt, hyperinflation and an unprecedented currency crisis. But in only two decades, Argentina has returned as a new focus of investors and companies. The newly elected government is working to recover the interest of American and European companies.
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