Peruvian administrations since the 1990s have enacted various laws largely characterised by the promotion and protection of private property, business freedom, free competition, and private investment from both national and foreign investors in various productive sectors. The aforementioned legal framework is the current backbone of the...
Since the 1990s Peru has had a stable legal framework, guaranteed by the constitution, which serves as the backbone of the economic model that has sustained the country’s structural reforms during recent years. Peru currently has a corporate, tax, labour, private property, foreign investment and public bidding framework that is attractive to...
This chapter provides an overview of Peru’s legal framework, covering a range of topics from public works for taxes to foreign investment law. In addition, it features an interview by Fernán Altuve-Febres Lores, President, Ontier Perú, on the impacts of new legal framework.
Over the last two decades Peru has been one of the fastest-growing economies in the region. Remarkably resilient to global headwinds, positive GDP growth has continued despite the end of the commodities boom. Yet the growth rate has slowed and the initial impetus of a first wave of structural reforms has faded. The question now is whether the current administration can address problems, implement further reforms and re-accelerate the economy.
Founded in December 1971 as a federation between six of its seven constituent entities, the UAE includes the emirates of Abu Dhabi – the capital city – Dubai, Sharjah, Ajman, Fujairah and Umm Al Quwain. The emirate of Ras Al Khaimah joined the federation the following year. The UAE is governed by the UAE Constitution, which permits each...
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