By January 2017, after six months in office, the government of President Pedro Pablo Kuczynski had put into effect the main components of a tax reform package designed to support and accelerate economic growth. Among the key aims of the changes were to unblock and stimulate public and private investment, simplify tax payment processes and help...
Following in the wake of the Alberto Kenya Fujimori presidency – which ran from 1990 to 2000 and was characterised by strong centralism – the Peruvian Congress was, for the first time, composed of representatives with previous political experience in regional institutions throughout the country.
The phenomenon known as El Niño – heavy coastal flooding resulting from the warming of the Pacific ocean, which generates evaporation and rains further favoured by the absence of winds – dramatically damaged the Peruvian west coast in early 2017, leaving the country in a state of permanent emergency. The events are making their mark on the...
Widely regarded as one of the largest economies in Latin America, Argentina had a GDP of $584.7bn in 2015, according to the World Bank. In contrast to several oil-dependent economies in the region, Argentina’s wealth is linked primarily to vast natural resources in energy and agriculture. The wealth derived from the country’s agricultural and...
Mexico has long recognised the importance of research and innovation to the development of a strong and sustainable economy. To date, however, the goal of boosting research and development (R&D) spending to 1% of GDP has remained somewhat distant, with public spending across a variety of programmes having an only limited effect on...
The Mexican pharmaceutical industry has potential for the deployment of research and development (R&D) capital. Since 2010 the strategy of the Federal Commission for the Protection from Sanitary Risk (Comisión Federal para la Protección contra Riesgos Sanitarios, Cofepris), the regulatory body governing the sector, has enabled faster...
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