The Americas Economy

Over the course of the past decade Peru has recorded impressive economic growth, posting rates in excess of 6% from 2010-12. Though the pace of growth is estimated to slow to between 5.2% and 5.4% in 2013, mainly due to external shocks, observers are cautiously optimistic about Peru’s prospects for continued economic development. While the mining and hydrocarbons sectors continue to account for...

Once known as a country blighted by economic and social upheaval, Peru has now experienced more than two decades of progress. Political and economic reforms implemented in the 1990s and reinforced in the 2000s have resulted in stability and a generally liberalised economy. The fourth-most-populous country in Latin America, Peru enjoys a rich heritage shaped by both Amerindian and Hispanic...

Among the cultural attractions that Colombia has to offer, its array of music and dance styles are the most representative. In addition to an introduction to Colombia’s most distinguished dances, this chapter contains helpful information for visitors to Colombia, including information on dress code, language, visas, communications, currency and traffic. It also features hotel listings and contact...

Consistent macroeconomic growth in the past decade, averaging 4.5% from 2002 to 2012, has renewed investment confidence in Colombia. Strong economic performance is expected to continue with the IMF anticipating GDP growth of around 4.1% in 2013. With a liberal legislative framework for free trade zones and high investor protection, Colombia attracted the second-highest investment flows in the...

A new era of confidence is sweeping Colombia after a history marked by instability, social inequality and counter-insurgency efforts against guerrilla movements. Steady economic progress and increased security have renewed confidence in Colombia, which has sought to further integrate its economy regionally as well as globally through free trade agreements and membership in regional blocs. With...