The Americas Economy

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Known as the sport of kings due to its claimed royal Hawaiian origins, surfing has become as intrinsic to Peruvian culture as ceviche, pisco or creole music. Historical evidence suggests that between 3500 to 4000 years ago the Mochica and Chimú cultures were the first, in what today is known as Peru, to incorporate the Pacific Ocean...

Articles & Analysis | Where to stay: from The Report: Peru 2018

NOVOTEL LIMA Av. Víctor Andrés Belaúnde 198, San Isidro T: (+51) 1 315 9999 h6339-re1@accor.com www.novotel.com Rooms: 208 rooms, including 2 suites. Business & Conference Facilities: Business centre, 7 meeting rooms for up to 280 people with audio/visual equipment and Wi-Fi. Health & Leisure Facilities: Pool, gym and sauna. Guest Services: Laundry, 24-hour room...

 

Recent decades have seen a downward convergence in corporate tax regimes as advanced, emerging and developing economies moved to grab a bigger slice of the global investment pie. Headline corporate tax rates have fallen by 20 percentage points since the early 1980s. Alongside lower average rates, special tax incentives aimed at capturing...

 

After a political transition that threatened business confidence and investment projects in Peru, local and international economic agents have regained optimistic outlooks. As one of South America’s top performers due to its structural reforms and fiscal discipline, Peru is seeing an economic rebound due to rising commodity prices and an...

 

Ancient Peru was the centre of the Inca Empire, whose power and influence peaked between 1400 and 1533 CE. The empire’s religious and administrative centre, Cusco, is adjacent to the now world-renowned Machu Picchu archaeological site. The arrival of Spanish conquerors in 1532 marked the beginning of the end for the Inca Empire and the start...

 

In October 2017 the World Bank published its “Doing Business 2018” report, which measures the ease of doing business and investing in various global economies. Peru ranked 58th out of 190 countries in the index, placing it third in Latin America, behind Mexico (49th) and Chile (55th), and just ahead of Colombia (59th). While this represented a...

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