The Americas Economy

While neighbouring Brazil may garner more headlines as one of the “BRIC” giants, Peru has quietly and efficiently transformed itself into one of the world’s most dynamic emerging economies. Boasting significant natural resources and a population hungry for modernisation, Peru’s economic growth has outperformed the majority of its regional and global...

The 40th anniversary of the establishment of formal relations between the governments of China and Peru was marked in 2012, underlining a longstanding relationship that has become increasingly important as time has gone on. In recent years bilateral relations have grown significantly. Trade between the two countries has increased sharply in...

Even during a period of sluggish economic growth in the important US and European markets, Peru has been able to continue posting surpluses and developing its global trade portfolio, in large part due to a raft of free trade agreements (FTAs) that have expanded and diversified its international partners.

Peru is a major metals and minerals exporter that saw steady growth for most of the 2000s and rapid expansion in 2007 and 2008 on the back of high demand for key exports such as copper. The country avoided negative growth in 2009 despite the worldwide economic slump and reduced commodity prices, and the economy returned to boom conditions in 2010,...

Peru is a major metals and minerals exporter that saw steady growth for most of the 2000s and rapid expansion in 2007 and 2008 on the back of high demand for key exports such as copper. The country avoided negative growth in 2009 despite the worldwide economic slump and reduced commodity prices, and the economy returned to boom conditions in...