The Americas Economy

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Under President Mauricio Macri, Argentina’s foreign policy has undergone a fundamental turnaround. Following years of left-populist politics under Néstor Kirchner and Cristina Fernández de Kirchner, who allied with other regional populist governments and often clashed with global powers such as the US and the UK, President Macri has since...

 

In the 15 years preceding President Mauricio Macri’s election in 2015, Argentina progressively distanced itself from global supply chains through the implementation of protectionist measures aimed at aligning economic policies with the government’s political agenda.

The decision by the Argentine government in May 2018 to seek financial support from the IMF was a stark reminder of the early 2000s, from which the country had appeared to have been successfully recovering in recent years. The recourse to the IMF, which granted the country a loan of $50bn the following month, was sparked by a run on the Argentine peso that reduced the value of...

 

With an average growth rate of 5.9% over the past decade, Peru’s economy has consistently outperformed most regional neighbours. Politically, the country has recently emerged from a period of instability and security concerns to rank among the top investment destinations in the developing world. That said, corruption continues to be a concern...

Articles & Analysis | MINISTRIES &: AGENCIES from The Report: Peru 2018

President’s Office (+51) 1 311 3900 Council of Ministers (+51) 1 219 7000 Ministry of Agriculture (+51) 1 209 8600 Ministry of Energy & Mines (+51) 1 411 1100 Ministry of Economy & Finance (+51) 1 311 5930 Ministry of Foreign Trade & Tourism (+51) 1 513 6100 Ministry of Education (+51) 1 615 5800 Ministry of Defence (+51) 1 209 8530...

ETIQUETTE: Given Peru’s rich historical and ethnic heritage, its culture is diverse and varies from region to region. Peruvians are generally polite and friendly, and strong friendships often go a long way in opening doors and securing opportunities in the business world. Standard business attire is the...

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